NASDAQ$CDNS
Cadence Design Systems Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
CDNS Q3 2024 — $106.1M revenue, 0.87 EPS
Form 10-Q reflect all adjustments (which include only normal, recurring adjustments and those items discussed in these notes) that are, in the opinion of management, necessary to state fairly the resu. Cadence Design Systems Inc reported Q3 2024 results. Diluted EPS came in at $0.87. Net income of $717K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.
- Revenue: $106.1M.
- Diluted EPS: $0.87.
- Net income: $717K.
- Operating income: $350K.
Headline financials
Revenue & EPS history
Cadence · Revenue · Quarterly
$1.22B
Revenue by segment
Cadence · $1.02B total across 2 segments · Q3 2023
- Product & Maintenance$966M+14.2%94.4%
- Services$57.3M+0.9%5.6%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+1.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.1%
Avg return
30 days after
58%
38 / 66 earnings
Positive
+16.8%
Q3 2018
Best reaction
-10.7%
Q3 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.9% | +1.3% | +10.8% | |
| Q4 2025 | +3.1% | -1.3% | +0.2% | |
| Q3 2025 | -2.9% | -3.6% | -12.8% | |
| Q2 2025 | +0.3% | -1.0% | -1.6% | |
| Q1 2025 | +5.8% | +7.8% | -0.4% | |
| Q4 2024 | -8.8% | -15.8% | -12.7% | |
| Q3 2024 | +10.6% | +9.6% | +18.4% | |
| Q2 2024 | +1.1% | -7.6% | +1.6% | |
| Q1 2024 | +0.5% | +0.8% | +4.5% | |
| Q4 2023 | -5.6% | -6.9% | -1.8% | |
| Q3 2023 | -0.5% | -3.3% | +13.3% | |
| Q2 2023 | -1.9% | -3.5% | -3.8% | |
| Q1 2023 | -4.3% | -1.7% | -4.4% | |
| Q4 2022 | +8.3% | +5.8% | +10.4% | |
| Q3 2022 | -4.4% | -4.3% | +5.8% | |
| Q2 2022 | +1.8% | +11.0% | +9.1% | |
| Q1 2022 | +2.3% | +1.9% | -2.0% | |
| Q4 2021 | +4.4% | +13.3% | +20.1% | |
| Q3 2021 | +3.7% | +3.8% | +10.0% | |
| Q2 2021 | -1.6% | +1.4% | +8.9% | |
| Q1 2021 | -6.6% | -7.3% | -10.7% | |
| Q4 2020 | -5.1% | +1.0% | -9.1% | |
| Q3 2020 | -2.7% | -3.1% | -4.0% | |
| Q2 2020 | +3.3% | +2.4% | +8.3% | |
| Q1 2020 | -5.2% | +2.4% | +12.0% | |
| Q4 2019 | +4.7% | +4.0% | -17.5% | |
| Q3 2019 | -4.1% | -0.8% | +3.2% | |
| Q2 2019 | +1.9% | +4.1% | -4.4% | |
| Q1 2019 | +5.3% | +7.7% | +2.1% | |
| Q4 2018 | +4.7% | +7.6% | +20.0% | |
| Q3 2018 | +16.8% | +13.5% | +7.4% | |
| Q2 2018 | +0.8% | +0.2% | +1.4% | |
| Q1 2018 | +8.3% | +7.9% | +14.3% | |
| Q4 2017 | -4.0% | -10.7% | -10.7% | |
| Q3 2017 | +2.0% | +2.2% | +8.0% | |
| Q2 2017 | +4.7% | +5.8% | +6.7% | |
| Q1 2017 | -2.9% | -0.9% | +4.2% | |
| Q4 2016 | +11.1% | +12.9% | +19.5% | |
| Q3 2016 | -0.8% | -1.3% | +3.0% | |
| Q2 2016 | -6.9% | -7.7% | -3.3% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | +1.7% | — | — | |
| Q2 2015 | +8.5% | — | — | |
| Q1 2015 | +2.3% | — | — | |
| Q4 2014 | -5.6% | — | — | |
| Q3 2014 | +0.5% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | -0.4% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | -10.7% | — | — | |
| Q2 2013 | -4.5% | — | — | |
| Q1 2013 | +8.3% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q3 2012 | +2.5% | — | — | |
| Q2 2012 | +7.0% | — | — | |
| Q1 2012 | +5.3% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | -0.7% | — | — | |
| Q2 2011 | +6.9% | — | — | |
| Q4 2009 | +2.1% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q1 2010 | -0.1% | — | — |
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