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Top News In Full Research Report Today - Breaking & Trending Today

Mattel (NASDAQ:MAT) Misses Q1 Sales Targets

Toy manufacturing and entertainment company (NASDAQ:MAT) fell short of analysts' expectations in Q1 CY2024, with revenue flat year on year at $809.5 million. It made a GAAP loss of $0.08 per share, improving from its loss of $0.30 per share in the same quarter last year. ....

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Cadence (NASDAQ:CDNS) Misses Q1 Sales Targets, Stock Drops

Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell short of analysts' expectations in Q1 CY2024, with revenue down 1.2% year on year to $1.01 billion. Next quarter's revenue guidance of $1.04 billion also underwhelmed, coming in 6.3% below analysts' estimates. It made a non-GAAP profit of $1.17 per share, down from its profit of $1.29 per share in the same quarter last year. ....

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