Cadence Reports Fourth Quarter and Fiscal Year 2019 Financial Results

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Cadence Design Systems (CDNS) Tops Q4 EPS by 1c, Offers Q1 and FY Guidance

February 12, 2020 4:12 PM EST

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.54, $0.01 better than the analyst estimate of $0.53. Revenue for the quarter came in at $600 million versus the consensus estimate of $595.42 million.

GUIDANCE:

Cadence Design Systems sees Q1 2020 EPS of $0.53-$0.55, versus the... More