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Cadence Design Systems (NASDAQ:CDNS) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Cadence Design Systems (NASDAQ:CDNS – Get Rating) announced its earnings results on Monday. The software maker reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.04, Briefing.com reports. Cadence Design Systems had a net margin of 23.24% and a return on equity of 33.80%. The company had revenue […] ....

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Cadence Design Systems (NASDAQ:CDNS) Updates 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 guidance of $1.15-1.19 for the period, compared to the consensus earnings per share estimate of $1.26. The company issued revenue guidance of $960-980 million, compared to the consensus revenue estimate […] ....

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Synovus Financial Corp Buys 3,939 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS)

Synovus Financial Corp boosted its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) by 17.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,454 shares of the software maker’s stock after acquiring an additional 3,939 shares during the quarter. Synovus […] ....

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Cadence Design Systems (NASDAQ:CDNS) Downgraded by StockNews.com

Cadence Design Systems (NASDAQ:CDNS – Get Rating) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday. Other equities research analysts have also recently issued research reports about the stock. KeyCorp boosted their price target on shares of Cadence […] ....

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Cadence Design Systems (NASDAQ:CDNS) Releases Earnings Results, Beats Expectations By $0.04 EPS

Cadence Design Systems (NASDAQ:CDNS – Get Rating) posted its quarterly earnings data on Monday. The software maker reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.04, Briefing.com reports. Cadence Design Systems had a return on equity of 33.89% and a net margin of 23.83%. The business had revenue […] ....

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