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Cadence Design Systems (NASDAQ:CDNS) Issues Q2 2024 Earnings Guidance

Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its second quarter 2024 earnings guidance on Monday. The company provided EPS guidance of 1.200-1.240 for the period, compared to the consensus EPS estimate of 1.430. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Cadence Design […] ....

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Cadence Design Systems (NASDAQ:CDNS) Announces Earnings Results

Cadence Design Systems (NASDAQ:CDNS – Get Free Report) issued its quarterly earnings results on Monday. The software maker reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.04, Briefing.com reports. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. […] ....

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Cadence Design Systems (NASDAQ:CDNS) Updates FY24 Earnings Guidance

Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its FY24 earnings guidance on Monday. The company provided earnings per share guidance of $5.88-$5.98 for the period, compared to the consensus earnings per share estimate of $5.93. The company issued revenue guidance of $4.56-$4.62 billion, compared to the consensus revenue estimate of $4.59 billion. Cadence […] ....

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Cadence Design Systems (NASDAQ:CDNS) PT Raised to $322.00 at Robert W. Baird

Cadence Design Systems (NASDAQ:CDNS – Free Report) had its price target hoisted by Robert W. Baird from $302.00 to $322.00 in a research note published on Thursday, Benzinga reports. They currently have an outperform rating on the software maker’s stock. A number of other brokerages also recently weighed in on CDNS. KeyCorp boosted their price […] ....

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