Cadence Design Systems (CDNS) Beats Q2 EPS; Offers Guidance
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Price: $389.04 +0.43%
Revenue Growth %: +23.9%
Financial Fact:
Provision (benefit) for income taxes: -1.09M
Today's EPS Names:
OCCI, MAYS, CRMT, More
Revenue Growth %: +23.9%
Financial Fact:
Provision (benefit) for income taxes: -1.09M
Today's EPS Names:
OCCI, MAYS, CRMT, More
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(Updated - July 24, 2023 4:31 PM EDT)
Cadence Design Systems (NASDAQ: CDNS) reported Q2 EPS of $1.22, $0.04 better than the analyst estimate of $1.18. Revenue for the quarter came in at $976.58 million versus the consensus estimate of $975.99 million.
GUIDANCE:
Cadence Design Systems sees FY2023 EPS of $5.05-$5.11, versus the consensus of $5.03. Cadence Design Systems sees FY2023 revenue of $4.05-4.09 billion, versus the consensus of $4.06 billion.
For earnings history and earnings-related data on Cadence Design Systems (CDNS) click here.
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