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Cadence Design Systems, Inc. (NASDAQ:CDNS) CEO Sells $5,593,163.94 in Stock

Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) CEO Anirudh Devgan sold 35,217 shares of the company’s stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $158.82, for a total transaction of $5,593,163.94. Following the sale, the chief executive officer now directly owns 189,387 shares in the […] ....

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Cadence Design Systems, Inc. (NASDAQ:CDNS) Receives Average Recommendation of "Buy" from Analysts

Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) has received an average rating of “Buy” from the thirteen analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and eight have assigned a buy recommendation to the company. The […] ....

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Cadence Design Systems (NASDAQ:CDNS) Issues Earnings Results

Cadence Design Systems (NASDAQ:CDNS – Get Rating) issued its earnings results on Monday. The software maker reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.15, RTT News reports. Cadence Design Systems had a net margin of 23.29% and a return on equity of 28.70%. The company had […] ....

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Cadence Design Systems (NASDAQ:CDNS) Releases Q2 Earnings Guidance

Cadence Design Systems (NASDAQ:CDNS – Get Rating) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.95-0.99 for the period, compared to the Thomson Reuters consensus estimate of $0.91. The company issued revenue guidance of $825-845 million, compared to the consensus revenue estimate […] ....

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Cadence Design Systems (NASDAQ:CDNS) Updates FY22 Earnings Guidance

Cadence Design Systems (NASDAQ:CDNS – Get Rating) updated its FY22 earnings guidance on Monday. The company provided earnings per share guidance of $3.89-3.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.76. The company issued revenue guidance of $3.395-$3.435 billion, compared to the consensus revenue estimate of $3.36 billion.Cadence […] ....

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