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Truist Financial Corp increased its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 4.5% in the 4th quarter, Holdings Channel reports. The firm owned 279,780 shares of the software maker’s stock after purchasing an additional 12,129 shares during the period. Truist Financial Corp’s holdings in Cadence Design Systems were worth $76,204,000 as […]
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) posted its earnings results on Monday. The software maker reported $1.17 EPS for the quarter, topping the consensus estimate of $1.13 by $0.04, Briefing.com reports. Cadence Design Systems had a net margin of 25.68% and a return on equity of 33.53%. The firm had revenue of $1.01 […]
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) released its earnings results on Monday. The software maker reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.04, Briefing.com reports. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. Cadence Design Systems had a […]
Needham & Company LLC reissued their buy rating on shares of Cadence Design Systems (NASDAQ:CDNS – Free Report) in a report published on Friday morning, Benzinga reports. Needham & Company LLC currently has a $320.00 target price on the software maker’s stock. A number of other brokerages also recently issued reports on CDNS. Robert W. […]
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.200-1.240 for the period, compared to the consensus earnings per share estimate of 1.430. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the […]