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 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 Expertise 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 reviews by visiting Investing.com’s earnings calendar
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