Cadence Design Systems (CDNS) Tops Q1 EPS by 2c

Cadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $411 million versus the consensus estimate of $409.11 million.

Cadence Design Systems sees Q2 2015 EPS of $0.23-$0.25, versus the consensus of $0.24. Cadence Design Systems sees Q2 2015 revenue of $410-420 million, versus the consensus of $417.4 million.

Cadence Design Systems sees FY2015 EPS of $0.96-$1.06, versus the consensus of $1.01. Cadence Design Systems sees FY2015 revenue of $1.68-1.72 billion, versus the consensus of $1.70 billion.

For earnings history and earnings-related data on Cadence Design Systems (CDNS) click here.

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