Cadence Reports Second Quarter 2022 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Cadence Design Systems (CDNS) Shares Up 3% on Q2 Earnings Beat and Raise
July 25, 2022 5:24 PM EDTCadence 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 EDTCadence 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

