Cadence (CDNS) Q1 Earnings Top Estimates, Revenues Down Y/Y

Cadence's (CDNS) first-quarter performance is affected by weakness in the Product & Maintenance segment.

Cadence Design Systems, Inc. (CDNS) Q1 2024 Earnings Call Transcript

Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q1 2024 Earnings Conference Call April 22, 2024 5:00 PM ET Company Participants Richard Gu - VP, IR Anirudh Devgan - President and CEO John Wall - SVP an...

Cadence Design Systems (CDNS) Q1 Earnings Top Estimates

Cadence Design Systems (CDNS) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.29 per share a year ago.

Down -13.17% in 4 Weeks, Here's Why Cadence (CDNS) Looks Ripe for a Turnaround

Cadence (CDNS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimate...

Cadence (CDNS) Unveils New Palladium Z3 Emulation System

Cadence (CDNS) launches Palladium Z3 Emulation and Protium X3 FPGA Prototyping systems to advance SoC design.

5 Technology Stocks Poised to Beat Earnings Estimates in Q1

Here, we have picked five tech stocks, Vertiv (VRT), Meta Platforms (META), Cadence Design Systems (CDNS), Itron (ITRI) and Silicon Motion (SIMO), which are likely to pull off earnings surprises in...

Is Cadence (CDNS) a Buy as Wall Street Analysts Look Optimistic?

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) an...

Factors to Note Ahead of Cadence's (CDNS) Q1 Earnings Release

Cadence's (CDNS) Q1 performance is likely to have benefited from higher customer demand. However, weak global macroeconomic conditions remain concerning.

Cadence Design Systems (CDNS) Exceeds Market Returns: Some Facts to Consider

Cadence Design Systems (CDNS) closed the most recent trading day at $310.10, moving +1.81% from the previous trading session.

Cadence Announces First Quarter 2024 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its first quarter 2024 financial results webcast on Monday, April 22, 2024.

Brokers Suggest Investing in Cadence (CDNS): Read This Before Placing a Bet

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm empl...

Scorching Hot: 3 Nasdaq AI Stocks to Buy Now

When looking into the best Nasdaq AI stocks to buy, it is important to look at the economy as a whole. The future of the US economy looks promising as recent data reveals a robust and resilient gro...

Cadence Design Systems (CDNS) Stock Slides as Market Rises: Facts to Know Before You Trade

The latest trading day saw Cadence Design Systems (CDNS) settling at $311.34, representing a -1.48% change from its previous close.

AI Is Going To Give Cadence Design Systems A Boost

Cadence Design Systems is one of the market leaders in electronic design automation software for chips, ICs, and PCBs. The company benefits from strong secular tailwinds and high barriers to entry ...

Fed Reaffirms Three Rate Cuts This Year: 5 Technology Picks

We have narrowed our search to five technology behemoths that have provided double-digit returns year to date. These are META, NVDA, CDNS, SNPS and VEEV.


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