Cadence Design Systems (CDNS) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.17 per share a year ago.
CDNS expands its collaboration with TSMC to accelerate time to silicon for advanced-node and 3D-IC technologies.
CDNS' first-quarter performance is likely to have benefited from higher customer demand amid volatile global macroeconomic conditions.
Beyond analysts' top -and-bottom-line estimates for Cadence (CDNS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Cadence unveils the world's first DDR5 12.8 Gbps MRDIMM Gen2 memory IP system solution, built on TSMC's cutting-edge N3 process.
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CDNS will acquire Arm's Artisan IP to boost its IP portfolio with advanced standard cells, memory compilers, GPIOs and embedded security from Secure-IC.
Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Cadence Design Systems (CDNS) closed at $233.82, marking a +0.4% move from the previous day.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its first quarter 2025 financial results webcast on Monday, April 28, 2025.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.