Cadence: 2Q Earnings Snapshot
SAN JOSE, Calif. (AP) _ Cadence Design Systems Inc. (CDNS) on Monday reported second-quarter profit of $75.1 million. The San Jose, California-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring costs, were 45 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. The maker of hardware and software products for validating chip designs... Читать дальше...