Cadence Design Systems First Quarter 2025 Earnings: EPS Beats Expectations

Cadence Design Systems (NASDAQ:CDNS) First Quarter 2025 Results

Key Financial Results

• Revenue: US$1.24b (up 23% from 1Q 2024).
• Net income: US$273.6m (up 11% from 1Q 2024).
• Profit margin: 22% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses.
• EPS: US$1.01 (up from US$0.92 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Cadence Design Systems EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%.

Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 17% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Cadence Design Systems' balance sheet health.

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