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Cadence Design Systems Inc (CDNS.OQ)

CDNS.OQ on NASDAQ Stock Exchange Global Select Market

69.69USD
21 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Cadence Design Systems Reports Q2 EPS Of $0.38
Monday, 22 Jul 2019 

July 22 (Reuters) - Cadence Design Systems Inc ::CADENCE REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.38.SEES FY 2019 REVENUE $2.315 BILLION TO $2.335 BILLION.SEES Q3 2019 REVENUE $570 MILLION TO $580 MILLION.Q2 REVENUE $580 MILLION VERSUS REFINITIV IBES ESTIMATE OF $579.5 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.53 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $1.44 TO $1.50.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $2.11 TO $2.17.SEES Q3 GAAP EARNINGS PER SHARE $0.32 TO $0.34.SEES Q3 NON-GAAP EARNINGS PER SHARE $0.50 TO $0.52.Q3 EARNINGS PER SHARE VIEW $0.50, REVENUE VIEW $576.1 MILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $2.09, REVENUE VIEW $2.32 BILLION -- REFINITIV IBES DATA.  Full Article

Cadence Reports Q1 2019 Financial Results
Monday, 22 Apr 2019 

April 22 (Reuters) - Cadence Design Systems Inc ::CADENCE REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.43.SEES FY 2019 REVENUE $2.305 BILLION TO $2.335 BILLION.SEES Q2 2019 REVENUE $575 MILLION TO $585 MILLION.Q1 REVENUE $577 MILLION VERSUS REFINITIV IBES ESTIMATE OF $569.2 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.FOR Q2 OF 2019, EXPECTS GAAP NET INCOME PER DILUTED SHARE TO BE IN RANGE OF $0.34 TO $0.36.FOR Q2 OF 2019 NON-GAAP NET INCOME PER DILUTED SHARE IS EXPECTED TO BE IN RANGE OF $0.52 TO $0.54.GAAP NET INCOME PER DILUTED SHARE FOR 2019 IS EXPECTED TO BE IN RANGE OF $1.39 TO $1.47.NON-GAAP NET INCOME PER DILUTED SHARE FOR 2019 IS EXPECTED TO BE IN RANGE OF $2.04 TO $2.12.QTRLY ADJUSTED EARNINGS PER SHARE $0.54.CADENCE DESIGN SYSTEMS - RAISING OUTLOOK FOR YEAR AS TECHNOLOGY TRENDS LIKE AI AND 5G CONTINUE TO DRIVE STRONG DESIGN ACTIVITY ACROSS ALL LINES OF BUSINESS.  Full Article

Cadence Reports Q4 GAAP Earnings Per Share $0.36
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Cadence Design Systems Inc ::CADENCE REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 FINANCIAL RESULTS.SEES FY 2019 GAAP EARNINGS PER SHARE $1.33 TO $1.43.SEES Q1 GAAP EARNINGS PER SHARE $0.36 TO $0.38.Q4 GAAP EARNINGS PER SHARE $0.36.SEES FY 2019 REVENUE $2.27 BILLION TO $2.31 BILLION.SEES Q1 2019 REVENUE $565 MILLION TO $575 MILLION.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $1.97 TO $2.07.Q4 REVENUE $570 MILLION VERSUS REFINITIV IBES ESTIMATE OF $550.3 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.47 -- REFINITIV IBES DATA.UNDER ASC TOPIC 605, FOR Q4 2018, REPORTED REVENUE OF $579 MILLION VERSUS $502 MILLION REPORTED FOR SAME PERIOD IN 2017.UNDER ASC TOPIC 606, QTRLY GAAP NET INCOME $0.35 PER SHARE.UNDER ASC TOPIC 606, QTRLY NON-GAAP NET INCOME $0.52 PER SHARE.UNDER ASC TOPIC 605, QTRLY NON-GAAP NET INCOME $0.51 PER SHARE.IN FEBRUARY 2019, BOARD OF DIRECTORS AUTHORIZED REPURCHASE OF AN ADDITIONAL $500 MILLION OF CADENCE COMMON STOCK.SEES Q1 NON-GAAP EARNINGS PER SHARE $0.48 TO $0.50.Q1 EARNINGS PER SHARE VIEW $0.46, REVENUE VIEW $549.2 MILLION -- REFINITIV IBES DATA.  Full Article

Cadence Design Systems Q2 GAAP Earnings Per Share $0.26
Monday, 23 Jul 2018 

Cadence Design Systems Inc ::CADENCE REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.SEES FY 2018 GAAP EARNINGS PER SHARE $0.95 TO $1.01.SEES Q3 GAAP EARNINGS PER SHARE $0.22 TO $0.24.Q2 GAAP EARNINGS PER SHARE $0.26.SEES FY 2018 REVENUE $2.07 BILLION TO $2.09 BILLION.SEES Q3 2018 REVENUE $510 MILLION TO $520 MILLION.Q2 REVENUE $518 MILLION VERSUS I/B/E/S VIEW $515.6 MILLION.Q2 EARNINGS PER SHARE VIEW $0.40 -- THOMSON REUTERS I/B/E/S.SEES Q3 NON-GAAP EARNINGS PER SHARE $0.40 TO $0.42.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $1.64 TO $1.70.Q2 NON-GAAP EARNINGS PER SHARE $0.44.Q2 EARNINGS PER SHARE VIEW $0.40, REVENUE VIEW $515.6 MILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.41, REVENUE VIEW $518.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.62, REVENUE VIEW $2.07 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cadence Design Systems, NI Announce Collaboration
Tuesday, 22 May 2018 

May 22 (Reuters) - Cadence Design Systems Inc ::CADENCE DESIGN SYSTEMS AND NI ANNOUNCE COLLABORATION TO SIMPLIFY NEXT-GENERATION SEMICONDUCTOR AND RF DEVELOPMENT.CADENCE DESIGN SYSTEMS INC - CADENCE INTERFACE HAS BEEN EXTENDED TO INCLUDE AN INTEGRATION WITH AXIEM 3D PLANAR EM SIMULATOR.  Full Article

Cadence Qtrly NON-GAAP Earnings Per Share $0.40
Monday, 23 Apr 2018 

April 23 (Reuters) - Cadence Design Systems Inc ::CADENCE REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.SEES FY 2018 GAAP EARNINGS PER SHARE $0.86 TO $0.94.SEES Q2 GAAP EARNINGS PER SHARE $0.20 TO $0.22.Q1 GAAP EARNINGS PER SHARE $0.30.SEES FY 2018 REVENUE $2.055 BILLION TO $2.085 BILLION.SEES Q2 2018 REVENUE $510 MILLION TO $520 MILLION.Q1 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE $517 MILLION VERSUS I/B/E/S VIEW $505.3 MILLION.SEES Q2 OF 2018 NON-GAAP EARNINGS PER SHARE IN RANGE OF $0.39 TO $0.41.SEES 2018 NON-GAAP EARNINGS PER SHARE $1.57 TO $1.65.QTRLY NON-GAAP EARNINGS PER SHARE $0.40.  Full Article

Cadence Q4 Loss Per Share $0.05
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Cadence Design Systems Inc ::CADENCE REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS.SEES Q1 GAAP EARNINGS PER SHARE $0.20 TO $0.22.SEES FY 2018 GAAP EARNINGS PER SHARE $0.80 TO $0.90.Q4 NON-GAAP EARNINGS PER SHARE $0.39.Q4 LOSS PER SHARE $0.05.SEES FY 2018 REVENUE $2.015 BILLION TO $2.055 BILLION.SEES Q1 2018 REVENUE $500 MILLION TO $510 MILLION.Q4 REVENUE $502 MILLION VERSUS I/B/E/S VIEW $496.1 MILLION.Q4 EARNINGS PER SHARE VIEW $0.39 -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $492.4 MILLION -- THOMSON REUTERS I/B/E/S.CADENCE DESIGN SYSTEMS - ‍NET INCOME PER DILUTED SHARE USING NON-GAAP MEASURE IS EXPECTED TO BE IN RANGE OF $0.36 TO $0.38 FOR Q1 2018​.  Full Article

Cadence to acquire Nusemi Inc
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Cadence Design Systems Inc :Cadence to expand high-speed communications IP portfolio with acquisition of Nusemi Inc.Cadence Design Systems Inc - ‍terms of transaction were not disclosed​.Cadence Design Systems Inc - ‍transaction is not expected to have a material impact on Cadence's fiscal 2017 operational results​.  Full Article

Cadence sees Q4 earnings of $0.26/shr to $0.28/shr
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Cadence Design Systems Inc :Cadence reports third quarter 2017 financial results.Sees FY 2017 gaap earnings per share $1.04 to $1.06.Sees Q4 GAAP earnings per share $0.26 to $0.28.Q3 GAAP earnings per share $0.29.Sees Q4 2017 revenue $490 million to $500 million.Sees FY 2017 revenue $1.931 billion to $1.941 billion.Q3 revenue $485 million versus i/b/e/s view $481.2 million.Sees FY 2017 non-GAAP earnings per share $1.39 to $1.41.Q3 non-GAAP earnings per share $0.35.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.  Full Article

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Tech in driver's seat as S&P 500 flirts with record

SAN FRANCISCO Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and Xerox Corp among the top performers since last December's sell-off that stirred fear of an end to a decade-long bull market.