Cadence Reports Second Quarter 2022 Financial Results

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Go back to Cadence Reports Second Quarter 2022 Financial Results

Cadence Design Systems (CDNS) Shares Up 3% on Q2 Earnings Beat and Raise

July 25, 2022 5:24 PM EDT

Cadence Design Systems (NASDAQ: CDNS) shares rose more than 3% after-hours following the companys reported strong Q2 results, with double-digit growth across all product categories.

Q2 EPS came in at $1.08, better than the consensus estimate of $0.96. Revenue rose 18% to $858 million, compared to the consensus... More

Cadence Design Systems (CDNS) Tops Q2 EPS by 12c; Issues Solid Outlook

July 25, 2022 4:10 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q2 EPS of $1.08, $0.12 better than the analyst estimate of $0.96. Revenue for the quarter came in at $858 million versus the consensus estimate of $834.51 million.

GUIDANCE:

Cadence Design Systems sees Q3 2022 EPS of $0.94-$0.98, versus the... More