Cadence Design Earnings, Income Beat in Q1 By Investing.com

© Reuters. Cadence Design Earnings, Income Beat in Q1 Investing.com – Cadence Design (NASDAQ:) reported on Monday first quarter that beat analysts’ forecasts and income that topped expectations. Cadence Design introduced earnings per share of $0.83 on income of $736M. Analysts polled by Investing.com anticipated EPS of $0.7493 on income of $717.95M. Cadence Design shares



© Reuters. Cadence Design Earnings, Income Beat in Q1

Investing.com – Cadence Design (NASDAQ:) reported on Monday first quarter that beat analysts’ forecasts and income that topped expectations.

Cadence Design introduced earnings per share of $0.83 on income of $736M. Analysts polled by Investing.com anticipated EPS of $0.7493 on income of $717.95M.

Cadence Design shares are up 5% from the start of the 12 months, nonetheless down 3.18% from its 52 week excessive of $148.98 set on February 16. They’re under-performing the S&P 500 which is up 11.53% from the beginning of the 12 months.

Cadence Design follows different main Know-how sector earnings this month

Cadence Design’s report follows an earnings beat by Taiwan Semiconductor on April 14, who reported EPS of $0.9497 on income of $12.77B, in comparison with forecasts EPS of $0.9247 on income of $12.78B.

Intel had beat expectations on Thursday with first quarter EPS of $1.39 on income of $18.57B, in comparison with forecast for EPS of $1.15 on income of $17.79B.

Keep up-to-date on the entire upcoming earnings stories by visiting Investing.com’s earnings calendar

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