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Cadence Design Q2 Tops Estimates; Ups Outlook
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Cadence Design Q2 Tops Estimates; Ups Outlook
Jul 28, 2025 1:45 PM

04:16 PM EDT, 07/28/2025 (MT Newswires) -- Cadence Design Systems ( CDNS ) reported fiscal Q2 non-GAAP net income late Monday of $1.65 per diluted share, up from $1.28 a year earlier

Analysts polled by FactSet expected $1.56.

Revenue for the quarter ended June 30 was $1.28 billion, up from $1.06 billion a year earlier.

Analysts expected $1.25 billion.

For fiscal 2025, the company said it now expects adjusted EPS of $6.85 to $6.95 on revenue of $5.21 billion to $5.27 billion.

It previously expected adjusted EPS of $6.73 to $6.83 on revenue of $5.15 billion to $5.23 billion. Analysts expected EPS of $6.76 on revenue of $5.20 billion.

The shares were up over 6% in extended trading.

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