Cadence Design Systems (CDNS) Tops Q1 EPS by 15c

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Go back to Cadence Design Systems (CDNS) Tops Q1 EPS by 15c

Cadence Design Systems Shares Up 5% on Q1 Earnings Beat and Raise

April 25, 2022 5:18 PM EDT

Cadence Design Systems (NASDAQ: CDNS) shares rose around 5% after-hours following the companys reported Q1 results, with EPS of $1.17 coming in above the consensus estimate of $1.02. Revenue was $902 million, compared to the consensus estimate of $857.32 million, driven by broad-based strength across the companys diverse... More