Cadence Reports First Quarter 2017 Financial Results

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Cadence Design Systems (CDNS) Reports In-Line Q1 EPS; Issues Mixed Outlook

April 24, 2017 4:10 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $0.32, in-line with the analyst estimate of $0.32. Revenue for the quarter came in at $477 million versus the consensus estimate of $474.34 million.

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Cadence Design Systems sees Q2 2017 EPS of $0.31-$0.33, versus the... More