Cadence Design Systems (CDNS) Tops Q1 EPS by 1c; Guides Q2, FY14 EPS, Revs

Cadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $0.20, $0.01 better than the analyst estimate of $0.19. Revenue for the quarter came in at $379 million versus the consensus estimate of $376.8 million.

Cadence Design Systems sees Q2 2014 EPS of $0.19-$0.21, versus the consensus of $0.23. Cadence Design Systems sees Q2 2014 revenue of $370-380 million, versus the consensus of $372.18 million.

Cadence Design Systems sees FY2014 EPS of $0.92-$1.02, versus the consensus of $0.97. Cadence Design Systems sees FY2014 revenue of $1.55-1.59 billion, versus the consensus of $1.57 billion.

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

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