Cadence Design earnings missed by $0.37, revenue fell short of estimates

Investing.com – Cadence Design (NASDAQ: ) reported second quarter EPS of $0.81, $0.37 worse than the analyst estimate of $1.18. Revenue for the quarter came in at $922.79M versus the consensus estimate of $975.99M.

Cadence Design’s stock price closed at $241.27. It is up 16.07% in the last 3 months and up 43.90% in the last 12 months.

Cadence Design saw 1 positive EPS revisions and 10 negative EPS revisions in the last 90 days. See Cadence Design’s stock price’s past reactions to earnings here.

According to InvestingPro, Cadence Design’s Financial Health score is “great performance”.

Check out Cadence Design’s , and Cadence Design’s financials here.

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