Cadence Design Systems, Inc. CDNSdelivered strong results for first-quarter 2018. Both the top and bottom lines fared better than the respective Zacks Consensus Estimate as well as managements guided ranges. Notably, the company has adopted the new revenue rules of ASC 606 and accordingly incorporated the same while reporting the first-quarter results.
Cadence (CDNS) Q1 Earnings & Revenues Top, Raises '18 View
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