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Cadence Systems: Q4 EPS Tops Forecast @themotleyfool #stocks $CDNS $NVDA $ARM $TSM

Summary by The Motley Fool
Cadence Design Systems (NASDAQ:CDNS), a leader in computational software for electronic system design, reported fourth-quarter 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus expectations but also included soft guidance for 2025. Adjusted earnings per share of $1.88 edged past the forecasted $1.82. Revenue in Q4 hit $1.36 billion, exceeding the $1.35 billion forecast. This marked a solid quarter, reflecting robust growth in ke…

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The Motley FoolThe Motley Fool

Cadence Systems: Q4 EPS Tops Forecast @themotleyfool #stocks $CDNS $NVDA $ARM $TSM

Cadence Design Systems (NASDAQ:CDNS), a leader in computational software for electronic system design, reported fourth-quarter 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus expectations but also included soft guidance for 2025. Adjusted earnings per share of $1.88 edged past the forecasted $1.82. Revenue in Q4 hit $1.36 billion, exceeding the $1.35 billion forecast. This marked a solid quarter, reflecting robust growth in ke…

·Alexandria, United States
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Blue Water Healthy LivingBlue Water Healthy Living

Chip design software maker Cadence forecasts annual profit below estimate, shares down - Blue Water Healthy Living

(Reuters) – Cadence Design Systems forecast its annual revenue and profit below analysts’ estimates on Tuesday, in a sign of soft demand for its chip design software as clients tighten spending in a tough economy. Shares of the San Jose, California-based company fell 5% in extended trading. The company, which counts British chip designer Arm Holdings, Nvidia and electric-vehicle maker Tesla among its customers, makes software for designing every…

·Port Huron, United States
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Blue Water Healthy Living broke the news in Port Huron, United States on Tuesday, February 18, 2025.
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