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News 2026-07-28 12:00 UTC

Record Backlog, Bigger Outlook: Cadence Rides AI Wave to Blowout Quarter

Cadence Design Systems, Inc. (NASDAQ: CDNS ) stock rose in Tuesday’s premarket session after the electronic design automation software company reported stronger-than-expected second-quarter results, raised its full-year guidance and ended the quarter with a record backlog. Cadence Design Systems Beats Q2 Estimates Reve

News 2026-07-27 20:57 UTC

Cadence Design Systems Beats Q2 Estimates, Raises 2026 Outlook

Cadence Design Systems Inc (NASDAQ: CDNS ) reported financial results for the second quarter of 2026 after the market close on Monday. Here’s a rundown of the report. Cadence Design Systems shares are powering higher. Why are CDNS shares rallying? Cadence Design Systems Q2 Highlights Cadence Design Systems reported sec