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Benzinga
Benzinga
Business
Adam Eckert

Cadence Design Systems Beats Q2 Earnings Estimates, Raises FY25 Outlook Citing 'Broad-Based Strength,' AI Tailwinds

Cadence Design Systems Cadence CDNS
CDNSClose,Up,Of,Cadence,Sign,On,The,Office,Building,In

Cadence Design Systems Inc (NASDAQ:CDNS) reported financial results for the second quarter after the market close on Monday. Here’s a look at the key details from the quarter.

Q2 Earnings: Cadence Design Systems reported second-quarter revenue of $1.28 billion, beating analyst estimates of $1.26 billion. The company reported second-quarter adjusted earnings of $1.65 per share, beating estimates of $1.58 per share, according to Benzinga Pro.

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