Cadence Design Systems (CDNS) Tops Q1 EPS by 8c, Offers Guidance

Cadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $1.57, $0.08 better than the analyst estimate of $1.49. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

Cadence Design Systems sees FY2025 EPS of $6.73-$6.83, versus the consensus of $6.72. Cadence Design Systems sees FY2025 revenue of $5.15-5.23 billion, versus the consensus of $5.19 billion.

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

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