Cadence Design Systems (CDNS) Tops Q1 EPS by 8c, Offers Guidance
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Cadence Reports First Quarter 2025 Financial Results
April 28, 2025 4:02 PM EDTExceeded Q1 Guidance for All Key Metrics
Q1 Revenue Up 23% & Non-GAAP EPS Up 34% YoY
Raising 2025 Revenue and EPS Outlook
SAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence (Nasdaq: CDNS) today announced results for the first quarter of 2025.
First Quarter 2025 Financial Results
Revenue of $1.242 billion, compared to revenue of $1.009 billion in Q1 2024 GAAP operating margin of 29.1%, compared to 24.8% in Q1 2024 Non-GAAP operating margin of 41.7%, compared to 37.8% in Q1 2024 GAAP diluted net income per share of $1.00,... More