Cadence Design Systems (CDNS) reported a profit increase for the third quarter, with earnings of $287.12 million or $1.05 per share, up from $238.11 million or $0.87 per share last year. Revenue also rose by 9.9% to $1.33 billion from $1.21 billion. The company’s guidance for the next quarter includes an EPS range of $1.17 to $1.23, full year EPS of $3.80 to $3.86, and full year revenue of $5.262 to $5.292 billion. These figures show positive growth and outlook for Cadence Design Systems.

Read more at Nasdaq: Cadence Design Systems Q3 Income Advances