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Cadence shares closed up 7.6% on Wednesday after the chip design company reported Q4 revenue up ~6% to $1.44B and adjusted EPS of $1.99, both above estimates (Lora Kolodny/CNBC) from Techmeme RSS feed.
Cadence shares closed up 7.6% on Wednesday after the chip design company reported Q4 revenue up ~6% to $1.44B and adjusted EPS of $1.99, both above estimates (Lora Kolodny/CNBC)
Lora Kolodny / CNBC:
Cadence shares closed up 7.6% on Wednesday after the chip design company reported Q4 revenue up ~6% to $1.44B and adjusted EPS of $1.99, both above estimates — Cadence Design Systems stock rose by more than 6% on Wednesday after the chip design software company reported earnings that beat analysts' expectations.