Cadence Design Systems Shares Up 5% on Q1 Earnings Beat and Raise

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Go back to Cadence Design Systems Shares Up 5% on Q1 Earnings Beat and Raise

Cadence Design Systems (CDNS) Tops Q1 EPS by 15c

April 25, 2022 4:09 PM EDT

Cadence 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