Cadence Design Systems Reports Strong Q1 Earnings and Provides Full-Year Guidance

Cadence Design Systems (CDNS) reported better-than-expected earnings for Q1 2026, with revenue of $1.5 billion exceeding estimates. The company also provided full-year guidance projecting adjusted EPS between $7.85 to $7.95 and revenue from $6.1 billion to $6.2 billion.

By Aritra Gangopadhyay Tue, May 19, 2026 at 3:53 PM GMT+3 2 min read · Yahoo Finance ·

Cadence Design Systems Reports Strong Q1 Earnings and Provides Full-Year Guidance

Tickers: $CDNS $XLK

Topics: Cadence Design Systems Q1 earnings stock performance Wall Street analysts

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