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Cadence Design Systems Falls Despite Q3 Earnings Beat
Investors· 2025-10-28 04:59
BREAKING: Futures Mixed On Trump Comments; Fed, Huge Earnings Due Cadence Design Systems (CDNS) late Monday beat Wall Street's targets for the third quarter. But CDNS stock fell in extended trading on a disappointing outlook for the current quarter. The electronic design automation software firm earned an adjusted $1.93 a share on sales of $1.34 billion in the September quarter. Analysts polled by FactSet had expected earnings of $1.79 a share on sales of $1.32 billion. On a year-over-year basis, Cadence ea ...