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Cadence Design Records $1.58 Billion in Q2 Revenue, Marginally Outperforming Market Projections
2 day ago /
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Author：小编
In the second quarter, Cadence Design announced a revenue figure of $1.58 billion, which marginally exceeded the market's anticipated $1.57 billion. Its adjusted earnings per share (EPS) stood at $2.11, surpassing the forecasted $2.06. The company has revised its full-year revenue outlook upwards, projecting between $6.26 billion and $6.34 billion, and has also raised its adjusted EPS expectations to a range of $8.05 to $8.15. Furthermore, Cadence Design anticipates third-quarter revenue to fall within the $1.60 billion to $1.63 billion bracket, with adjusted EPS estimated between $2.01 and $2.07, both figures outpacing analyst predictions.
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