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Cadence Design Systems gives Q3 2014 guidance; EPS guidance below analysts' estimates and gives FY 2014 guidance in line with analysts' estimates


Monday, 21 Jul 2014 04:05pm EDT 

Cadence Design Systems Inc:Expects Q3 2014 total revenue in the range of $390 to $400 million.Expects Q3 2014 GAAP net income per diluted share is expected to be in the range of $0.13 to $0.15.Expects Q3 2014 Net income per diluted share using the non-GAAP measure defined to be in the range of $0.23 to $0.25.Expects FY 2014 total revenue in the range of $1.570 to $1.590 billion.Expects FY 2014 on a GAAP basis, net income per diluted share to be in the range of $0.48 to $0.56.Expects FY 2014 non-GAAP measure defined below, net income per diluted share to be in the range of $0.90 to $0.98.Q3 2014 revenue of $395 mln and EPS of $0.26 - Thomson Reuters I/B/E/S.FY 2014 revenue of $1.571 bln and EPS of $0.97 - Thomson Reuters I/B/E/S. 

Company Quote

19.26
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24 Dec 2014