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
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.