Cadence Design Systems, Inc. (NASDAQ:CDNS) has scheduled a conference call for 20th July 2020 at 5:00 PM Eastern Time to announce its 2Q20 financial results.
The conference will be hosted by the company executive(s), Lip-Bu Tan, chief executive officer, and John Wall, senior vice president and chief financial officer
The conference call will also be webcast live under the investor relations section of the website www.cadence.com
Earnings Expectation
Cadence Design Systems, Inc. is reporting second quarter financial results on Monday 20th July 2020, after market close.
According to analysts surveyed by Thomson Reuters, CDNS is expected to report 2Q20 income of $ 0.52 per share from revenue of $ 592.79 million.
For the full year, analysts anticipate top line of $ 2559.45 million, while looking forward to income of $ 2.46 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 580.00 million ~ $ 600.00 million
Full Year 2020 topline are forecasted in a range of$ 2,545.00 million ~ $ 2,585.00 million, where as bottomline are predicted in a range of $ 2.40 ~ $ 2.50 per share
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Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware.
