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Benzinga
Benzinga
Business
Avi Kapoor

These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings

Cadence Design Systems Cadence Design Cadence Cadence Design Systems Inc CDNS
Cadence Design Systems Inc.

Cadence Design Systems Inc (NASDAQ:CDNS) reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance on Monday.

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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