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The company expects Q2/22 EPS to be in the range of $0.95-$0.99, compared to the consensus of $0.92, and revenue in the range of $825-845 million, compared to the consensus of $823.74 million.
For the full 2022-year, the company expects EPS in the range of $3.89-$3.97, compared to the consensus of $3.80, and revenue in the range of $3.395-3.435 billion, compared to the consensus of $3.36 billion.
Shares of Cadence Design Systems are down 19% year-to-date.
By Davit Kirakosyan
