Cadence (CDNS) tumbles despite Q1 beat on top and bottom lines
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Cadence Design Systems (CDNS) Tops Q1 EPS by 4c, provides guidance
April 22, 2024 4:04 PM EDTCadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $1.17, $0.04 better than the analyst estimate of $1.13. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1 billion.
GUIDANCE:
Cadence Design Systems sees FY2024 EPS of $5.88-$5.98, versus the... More
