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Cadence Design Systems Inc Issues Q1, FY 2013 Guidance In Line With Analysts' Estimates


Wednesday, 30 Jan 2013 04:05pm EST 

Cadence Design Systems Inc announced that for first quarter of 2013, expects total revenue in the range of $342 million to $352 million, GAAP net income per diluted share to be in the range of $0.23 to $0.24, net income per diluted share using the non-GAAP measure defined below to be in the range of $0.19 to $0.20. For fiscal 2013, it expects total revenue in the range of $1.405 billion-$1.445 billion, GAAP basis, net income per diluted share to be in the range of $0.58 to $0.68, using the non-GAAP measure, net income per diluted share for 2013 to be in the range of $0.82 to $0.92. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $342 million and EPS of $0.20 for first quarter of 2013; revenue of $1.42 billion and EPS of $0.91 for fiscal 2013 

Company Quote

18.29
0.13 +0.72%
3:13pm EST