NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock - Currency: USD
Let's have a look at what is happening on the US markets one hour before the close of the markets on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
Let's take a look at the S&P500 stocks that are experiencing unusual volume in today's session.
xAI continues to invest in massive AI infrastructure.
Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell 11.7% in the morning session after the company reported underwhelming fourth-quarter 2024 results as its full-year revenue and EPS guidance were both below expectations. On the other hand, revenue was in line, and EPS beat. However, the top line guidance revealed a growth deceleration, which is worrisome. Overall, this was a weaker quarter, and the outlook is weighing on shares.
Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell 11.7% in the morning session after the company reported underwhelming fourth-quarter 2024 results as its full-year revenue and EPS guidance were both below expectations. On the other hand, revenue was in line, and EPS beat. However, the top line guidance revealed a growth deceleration, which is worrisome. Overall, this was a weaker quarter, and the outlook is weighing on shares.
Uncover the latest developments among S&P500 stocks in today's session. Stay tuned to the S&P500 index's top gainers and losers on Wednesday.
Stay updated with the S&P500 gap up and gap down stocks on Wednesday. Get a glimpse of the market's movement during today's session.
Stay updated with the S&P500 stocks that are on the move in today's pre-market session.
Game engine maker Unity (NYSE:U) will be reporting earnings tomorrow morning. Here’s what investors should know.
Cadence Design Systems surpassed fourth-quarter expectations with significant revenue and earnings growth.
Cadence Design Systems beat estimates for the fourth quarter but came up short with its guidance for 2025. CDNS stock fell.
Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 26.9% year on year to $1.36 billion. On the other hand, the company’s full-year revenue guidance of $5.18 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $1.88 per share was 3.2% above analysts’ consensus estimates.
Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) will be reporting results tomorrow after market close. Here’s what to expect.