Cadence Reports Third Quarter 2018 Financial Results

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Cadence Design Systems (CDNS) Tops Q3 EPS by 8c, Offers Q4 Guidance

October 22, 2018 4:06 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.49, $0.08 better than the analyst estimate of $0.41. Revenue for the quarter came in at $532 million versus the consensus estimate of $516.45 million.

GUIDANCE:

Cadence Design Systems sees Q4 2018 EPS of $0.46-$0.48, versus the... More