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Recap: Cadence Design Systems Q2 Earnings
Shares of Cadence Design Systems (NASDAQ:CDNS) rose after the company reported Q2 results.
Quarterly Results
Earnings per share were up 30.30% over the past year to $0.86, which beat the estimate of $0.76.
Cadence Design Systems Q2 EPS $0.86 Beats $0.76 Estimate, Sales $728.28M Beat $721.16M Estimate
Cadence Design Systems (NASDAQ:CDNS) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.76 by 13.16 percent. This is a 30.3 percent increase over earnings of $0.66 per share
Earnings Scheduled For July 26, 2021
Companies Reporting Before The Bell
• Otis Worldwide (NYSE:OTIS) is estimated to report quarterly earnings at $0.71 per share on revenue of $3.45 billion.
Earnings Outlook For Cadence Design Systems
Cadence Design Systems (NASDAQ:CDNS) unveils its next round of earnings this Monday, July 26. Get prepared with Benzinga's ultimate preview for Cadence Design Systems's Q2 earnings.
Rosenblatt Initiates Coverage On Cadence Design Systems with Buy Rating, Announces Price Target of $156
Rosenblatt analyst John McPeake initiates coverage on Cadence Design Systems (NASDAQ:CDNS) with a Buy rating and announces Price Target of $156.
Cadence Reveals New AWR Design Environment Platform
Cadence Design Systems Inc (NASDAQ:CDNS) introduced AWR Design Environment Version 16 (V16) with cross-platform interoperability. It supports RF to millimeter-wave (mmWave)…
AI Solutions Provider EdgeCortix Deploys Cadence Tools for Chip Designing
Artificial intelligence (AI) driven software and hardware acceleration solutions provider EdgeCortix Inc has deployed multiple Cadence Design Systems Inc (NASDAQ:CDNS) verification…
Cadence Design Systems Reports EdgeCortix Deployed Multiple Co. Verification, Digital Tools, No Terms Disclosed
Highlights:
Cadence Xcelium Simulation and VIP for AMBA 3/4 AXI enable fast verification environment bring-up and the highest verification throughput
The Cadence Genus Synthesis Solution and Joules RTL Power Solution