Cadence Reports Fourth Quarter and Fiscal Year 2016 Financial Results

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Go back to Cadence Reports Fourth Quarter and Fiscal Year 2016 Financial Results

Cadence Design Systems (CDNS) Tops Q4 EPS by 1c, Offers Guidance

February 1, 2017 4:12 PM EST

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $469 million versus the consensus estimate of $468.81 million.

GUIDANCE:

For the first quarter of 2017, the company expects total... More