# Cadence Design Systems, Inc. (CDNS) — Q2-2013 Earnings Results

**Report date:** 2013-07-24 (after market close)  
**Sector:** Information Technology / Application Software  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/CDNS/earnings/Q2-2013

## Post-Earnings Brief

### Headline

Cadence Design Systems Beats on EPS, Stock Down 1.16%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.21 | N/A | +53.28% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Unknown

No transcript is on record, and the analysis is based solely on numerical results.

### Guidance Changes

No guidance data is available.

### What It Means

Cadence Design Systems reported an EPS of $0.21, significantly beating expectations, which indicates strong performance. However, the stock reacted negatively, declining by 1.16%. The lack of revenue data and management commentary may have contributed to investor uncertainty.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/CDNS/earnings/Q2-2013_