Strong demand for AI chip design! Cadence Electronics (CDNS.US) Q3 revenue up 22% year-on-year, raises full-year guidance

JZT Finance APP reported that after the US stock market closed on Monday, Cadence Design Systems (CDNS.US) released its Q3 2026 financial report. The data showed that the company's revenue for the quarter reached $1.633 billion, a year-on-year increase of 22%, higher than $1.339 billion in the same period last year. GAAP diluted earnings per share were $1.05, unchanged from the same period last year. Non-GAAP adjusted earnings per share were $2.11, a year-on-year increase of about 9%, higher than $1.93 in the same period last year. Cadence Design Systems' share price rose more than 2% after hours.