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Cadence Design Systems Guides Earnings Above Estimates; Revenue In-line

Oct 28, 2009 (EarningsWhispers Guidance Summaries via Comtex) --

Company: Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems Inc. (NASDAQ: CDNS) said it expects fourth quarter non-GAAP earnings of $0.02 to $0.04 per share on revenue of $215.0 million to $225.0 million. The current consensus earnings estimate is $0.01 per share on revenue of $220.6 million for the quarter ending December 31, 2009.

This earnings guidance summary was provided by EarningsWhispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates. http://www.earningswhispers.com

Copyright (C) 2009 EarningsWhispers Earnings Guidance. All rights reserved

News Provided by COMTEX

Company: Cadence Design Systems, Inc. (CDNS)


Related terms: corporate, earnings, eps, gaap, nasdaq, revenue

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