Cadence (CADE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Cadence (CADE) reported revenue of $437.69 million, up 2.2$0.62, compared to $0.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$426.84 million, representing a surprise of +2.54%. The company delivered an EPS surprise of +14.81%, with the consensus EPS estimate being $0.54.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...