Workflow
Cadence's Q1 Earnings & Revenues Surpass Estimates, Surge Y/Y
CDNSCadence(CDNS) ZACKS·2025-04-29 21:51

Cadence Design Systems (CDNS) reported first-quarter 2025 non-GAAP earnings per share (EPS) of 1.57,whichbeattheZacksConsensusEstimateby5.41.57, which beat the Zacks Consensus Estimate by 5.4%. The bottom line increased 34.2% year over year, exceeding management’s guided range of 1.46-1.52.Revenuesof1.52.Revenues of 1.242 billion topped the Zacks Consensus Estimate by 0.3% and increased 23% year over year. The figure was within management’s guided range of 1.23−1.23-1.25 billion. The top line was driven by broad-based demand for its solutions amid robust design ac ...