- Associated Press•5 hours ago
The San Jose, California-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 30 cents per share. The results surpassed Wall Street expectations. ...
- TheStreet.com•5 hours ago
Cadence Design (CDNS) reported third-quarter revenue slightly below analysts' estimates and issued a downbeat forecast.
- Barrons.com•5 hours ago
Shares of chip design software tools maker Cadence Design (CDNS) are down 24 cents, or 0.9%, at $25.50, after the company this afternoon reported Q3 revenue a tough lighter than expected, but beat on the bottom line, and forecast this quarter's results below consensus. Cadence’s CFO, Geoff Ribar, said the company’s results “reflect our relentless focus on innovation and execution,” adding Cadence is "well-positioned for the rest of the year as we continue to execute on our strategic priorities and return capital to shareholders." Ribar noted the company’s buybacks for the quarter 9.6 million shares, bringing buybacks in total to $960 million under Cadence's current $1.2 billion program.
Cadence Design Systems Inc. (CDNS)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||24.22 x 800|
|Ask||25.09 x 100|
|Day's Range||25.64 - 26.03|
|52wk Range||18.32 - 28.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||30.50|
|Avg Vol (3m)||1,843,364|
|Dividend & Yield||N/A (N/A)|