Cadence Design Systems (CDNS) Tops Q4 EPS by 6c; Guides Higher

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.82, $0.06 better than the analyst estimate of $0.76. Revenue for the quarter came in at $773 million versus the consensus estimate of $757.38 million.

GUIDANCE:

Cadence Design Systems sees Q1 2022 EPS of $1.00-$1.04, versus the consensus of $0.82. Cadence Design Systems sees Q1 2022 revenue of $850-870 million, versus the consensus of $771.62 million.

Cadence Design Systems sees FY2022 EPS of $3.70-$3.80, versus the consensus of $3.56. Cadence Design Systems sees FY2022 revenue of $3.32-3.38 billion, versus the consensus of $3.24 billion.

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

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