Cadence Design Systems (CDNS) reported Q4 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $900 million versus the consensus estimate of $884.52 million.
GUIDANCE:
Cadence Design Systems sees Q1 2023 EPS of $1.23-$1.27, versus the consensus of $1.10. Cadence Design Systems sees Q1 2023 revenue of $1-1.02 billion, versus the consensus of $0.9309 billion.
Cadence Design Systems sees FY2023 EPS of $4.90-$5.00, versus the consensus of $4.70. Cadence Design Systems sees FY2023 revenue of $4-4.06 billion, versus the consensus of $3.88 billion.