Cadence Design Systems (CDNS) Tops Q2 EPS by 12c; Issues Solid Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Cadence Reports Second Quarter 2022 Financial Results
July 25, 2022 4:05 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the second quarter of 2022.
Cadence reported second quarter 2022 revenue of $858 million, compared to revenue of $728 million for the same period in 2021. On a GAAP basis, Cadence achieved operating margin of 33 percent and recognized net income of $187 million, or $0.68 per share on a diluted basis, in the second quarter of 2022, compared to operating margin of 25 percent and net income of $156 million, or $0.56 per share on a diluted basis, for the same period in 2021.
Using the non-GAAP... More
