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Cadence: Q4 Earnings Snapshot

Por: Associated Press Business February 14, 2023

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SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Cadence Design Systems Inc. (CDNS) on Monday reported fourth-quarter net income of $240.4 million.The San Jose, California-based company said it had profit of 88 cents per share. Earnings, adjusted for one-time gains and costs, were 96 cents per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 91... + full article



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