Cadence Reports Fourth Quarter and Fiscal Year 2022 Financial Results

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Cadence Design Systems (CDNS) Tops Q4 EPS by 4c; Guides Above Views

February 13, 2023 4:08 PM EST

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $900 million versus the consensus estimate of $884.52 million.

GUIDANCE:

Cadence Design Systems sees Q1 2023 EPS of $1.23-$1.27, versus the... More