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Cadence Systems: Q4 EPS Tops Forecast

TheMotleyFool

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Cadence Design Systems (NASDAQ:CDNS), a leader in computational software for electronic system design, reported fourth-quarter 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus expectations but also included soft guidance for 2025.

Adjusted earnings per share of $1.88 edged past the forecasted $1.82. Revenue in Q4 hit $1.36 billion, exceeding the $1.35 billion forecast. This marked a solid quarter, reflecting robust growth in key segments despite competitive challenges.

Source: Cadence Design Systems. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = Percentage points.

Source Fool.com

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