Cadence Reports First Quarter 2021 Financial Results

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Cadence Design Systems (CDNS) Tops Q1 EPS by 8c, Offers Q2 and FY Guidance

April 26, 2021 4:15 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $0.83, $0.08 better than the analyst estimate of $0.75. Revenue for the quarter came in at $736 million versus the consensus estimate of $717.79 million.

GUIDANCE:

Cadence Design Systems sees Q2 2021 EPS of $0.74-$0.78, versus the... More