Cadence Design Systems, Inc. ( NASDAQ:CDNS ) last week reported its latest quarterly results, which makes it a good...
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Electronic design automation company Cadence Design Systems (NASDAQ:CDNS) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 18.7% year on year to $1.47 billion. The company’s full-year revenue guidance of $6.18 billion at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP profit of $1.96 per share was 4% above analysts’ consensus estimates.
Cadence Design Systems (CDNS) delivered one of its strongest Q1 full-year guidance raises on broad-b
CDNS tops Q1 estimates, launches agentic AI Super Agents, hits a record $8B backlog, and raises its 2026 revenue outlook.
Moby summary of Cadence Design Systems, Inc.'s Q1 2026 earnings call
US equity futures were mostly pointing lower on Tuesday as traders monitor developments on negotiati