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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 […]
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. […]
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 […]
Linden Thomas Advisory Services LLC increased its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,105 shares of the software maker’s stock after acquiring an additional 452 […]
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 […]