Cadence Reports Third Quarter 2022 Financial Results

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Go back to Cadence Reports Third Quarter 2022 Financial Results

Cadence Design Systems (CDNS) Tops Q3 EPS by 10c; Guides Higher

October 24, 2022 4:06 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $1.06, $0.10 better than the analyst estimate of $0.96. Revenue for the quarter came in at $903 million versus the consensus estimate of $871.2 million.

GUIDANCE:

Cadence Design Systems sees Q4 2022 EPS of $0.89-$0.93, versus the... More