Jul. 29 at 5:03 PM
$CDNS just smashed Q2 earnings! 🚀
Non-GAAP EPS of
$1.65 beat estimates by 5.1%, with a 28.9% YoY increase, driven by strong AI demand. Revenues for Q2 rose 20.3% YoY, surpassing guidance. 📈
Find out what’s fueling Cadence's growth and future outlook 👉 https://www.zacks.com/stock/news/2633265/cadence-q2-earnings-revenues-surpass-estimates-rise-yy-stock-up?cid=sm-stocktwits-2-2633265-body-4396&ADID=SYND_STOCKTWITS_TWEET_2_2633265_BODY_4396