Cadence Design Systems Q3 Profit Climbs

(RTTNews) - Cadence Design Systems (CDNS) released earnings for its third quarter that advanced from the same period last year.

The company's bottom line came in at $99.32 million, or $0.35 per share. This compares with $81.16 million, or $0.29 per share, in last year's third quarter.

The company's revenue for the quarter rose 9.7% to $532.47 million from $485.40 million last year.

Cadence Design Systems earnings at a glance:

-Earnings (Q3): $99.32 Mln. vs. $81.16 Mln. last year. -EPS (Q3): $0.35 vs. $0.29 last year. -Revenue (Q3): $532.47 Mln vs. $485.40 Mln last year.