Cadence Design Systems Q3 Adjusted Earnings, Revenue Rise
MT newswire2026/10/26 20:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:09 PM EDT, 10/26/2026 (MT Newswires) -- Cadence Design Systems (CDNS) reported Q3 adjusted earnings late Monday of $2.11 per diluted share, up from $1.93 a year earlier. Analysts polled by FactSet expected $2.05. Revenue for the quarter ended Sept. 30 was $1.63 billion, up from $1.34 billion a year earlier. Analysts expected $1.61 billion. For Q4, the company expects adjusted EPS of $2.19 to $2.25. Analysts expect $2.03. The company now expects full-year 2026 adjusted EPS of $8.37 to $8.43 on revenue of $6.39 billion to $6.42 billion, up from its prior guidance of adjusted EPS of $8.05 to $8.15 on revenue of $6.26 billion to $6.34 billion Analysts expect $8.15 and $6.32 billion, respectively.
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