On April 23 | Cadence (CDNS.US) fell 5.8% to $268.49 before the market. The company's revenue for the quarter ended March 31 was US$1.01 billion, down from US$1.02 billion in the same period last year. The company expects non-GAAP diluted earnings of $1.20 -1.24 per share for the second quarter, and revenue of $1.03 billion to $1.05 billion, lower than analysts' estimates of US$1.43 billion to US$1.11 billion.
美股异动丨芯片软件设计公司Cadence盘前跌5.8% Q2收入指引低于预期
US stock changes丨Chip software design company Cadence fell 5.8% before the market, Q2 revenue guidance fell short of expectations
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