Cadence Design Sys (NASDAQ:CDNS) reported quarterly earnings of $2.11 per share which beat the analyst consensus estimate of $2.06 by 2.43 percent. This is a 27.88 percent increase over earnings of $1.65 per share from the same period last year. The company reported quarterly sales of $1.584 billion which beat the analyst consensus estimate of $1.577 billion by 0.45 percent. This is a 24.24 percent increase over sales of $1.275 billion the same period last year.