Needham Says Buy Cadence Designs (CDNS) on Any Weakness

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Cadence Design Systems (CDNS) Tops Q3 EPS by 3c; Guides

October 24, 2012 4:53 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.21, $0.03 better than the analyst estimate of $0.18. Revenue for the quarter came in at $339 million versus the consensus estimate of $330.55 million.

Sees Q4 EPS of $0.18-$0.20 versus the consensus of $0.19.

Sees FY12 EPS of... More