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Stock impact report

Cadence Design Systems (CDNS) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily gain of 2.91%. Meanwhile, the Dow gained 2.49%, and the Nasdaq, a tech-heavy index, added 3.83%. The maker of hardware and software products for validating chip designs's stock has dropped by 10.71% in the past month, falling short of the Computer and Technology sector's loss of 9.45% and the S&P 500's loss of 7.64%. The upcoming earnings release of Cadence Design Systems will be of great interest to investors. In that report, analysts expect Cadence Design Systems to post earnings of $1.89 per share. This would mark year-over-year growth of 20.38%. At the same time, our most recent consensus estimate is projecting a revenue of $1.43 billion, reflecting a 15.02% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $8.11 per share and a revenue of $5.99 billion, demonstrating changes of +13.59% and +13%, respectively, from the preceding year. Investors might also notice recent chang Show less Read more
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