Cadence Reports First Quarter 2022 Financial Results
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Cadence Design Systems Shares Up 5% on Q1 Earnings Beat and Raise
April 25, 2022 5:18 PM EDTCadence Design Systems (NASDAQ: CDNS) shares rose around 5% after-hours following the companys reported Q1 results, with EPS of $1.17 coming in above the consensus estimate of $1.02. Revenue was $902 million, compared to the consensus estimate of $857.32 million, driven by broad-based strength across the companys diverse... More
Cadence Design Systems (CDNS) Tops Q1 EPS by 15c
April 25, 2022 4:09 PM EDTCadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $1.17, $0.15 better than the analyst estimate of $1.02. Revenue for the quarter came in at $902 million versus the consensus estimate of $857.32 million.
GUIDANCE:
Cadence Design Systems sees Q2 2022 EPS of $0.95-$0.99, versus the... More
