Cadence Reports Fourth Quarter and Fiscal Year 2020 Financial Results

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Cadence Design Systems (CDNS) Tops Q4 EPS by 9c, Offers Guidance

February 22, 2021 4:17 PM EST

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.83, $0.09 better than the analyst estimate of $0.74. Revenue for the quarter came in at $760 million versus the consensus estimate of $732.01 million.

GUIDANCE:

Cadence Design Systems sees Q1 2021 EPS of $0.72-$0.76, versus the... More