Investing.com - Financial Markets Worldwide

Cadence Design Earnings, Revenue Beat in Q4

Published 22/02/2022, 22:09
Cadence Design Earnings, Revenue Beat in Q4
CDNS
-0.74%

Investing.com - Cadence Design reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Cadence Design announced earnings per share of $0.82 on revenue of $773.04M. Analysts polled by Investing.com EPS of $0.7804 on revenue of $757.37M.

Cadence Design 's are down 27% and is trading at $139.00 , still down 29.83% from its 52 week high of $192.70 set on Tuesday, December 28, 2021.

Cadence Design shares gained 2.80% to trade at $139.00 in after-hours trade the report.

Cadence Design follows other major Information Technology sector earnings this month

Cadence Design's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, EPS of $1.9 on revenue of $119B.

Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, for EPS of $2.32 on revenue of $50.74B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.