Cadence Design Systems (CDNS) reported a profit for its first quarter that Increases, from the same period last year
The company's bottom line totaled $335.66 million, or $1.23 per share. This compares with $273.57 million, or $1.00 per share, last year.
Excluding items, Cadence Design Systems reported adjusted earnings of $535.52 million or $1.96 per share for the period.
The company's revenue for the period rose 18.5% to $1.47 billion from $1.24 billion last year.
Cadence Design Systems earnings at a glance (GAAP) :
-Earnings: $335.66 Mln. vs. $273.57 Mln. last year.-EPS: $1.23 vs. $1.00 last year.-Revenue: $1.47 Bln vs. $1.24 Bln last year.
-Guidance:Next quarter EPS guidance: $ 2.02 To $ 2.08Full year EPS guidance: $ 7.85 To $ 7.95Full year revenue guidance: $ 6.125 B To $ 6.225 B
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.