Strong demand for AI chip design! Cadence Design Systems (CDNS.US) Q3 revenue up 22% year-over-year, raises full-year guidance.

Zhitong Finance APP has learned that after the U.S. stock market closed on Monday, Cadence Design Systems (CDNS.US) released its financial results for the third quarter of 2026. Data showed that the company's revenue for the quarter reached $1.633 billion, up 22% year-over-year, compared with $1.339 billion in the same period last year; GAAP diluted earnings per share were $1.05, flat compared with the same period last year; non-GAAP adjusted earnings per share were $2.11, up about 9% year-over-year, compared with $1.93 in the same period last year. Cadence Design Systems' stock rose more than 2% after hours.