Cadence Design, F5 Networks, Welltower Beat Earnings With Strong Revenues, Raise FY25 EPS Guidance

Cadence Design Systems reported first-quarter 2025 revenue of $1.242 billion, a 23% increase year-over-year, driven by strong customer demand for AI-driven innovations. The company posted a GAAP diluted net income per share of $1.00 and adjusted EPS of $1.57, exceeding expectations. Cadence raised its full-year 2025 adjusted EPS guidance to a range of $6.73 to $6.83 and sales guidance to $5.15 billion to $5.23 billion. F5 Networks reported second-quarter fiscal 2025 revenue of $731 million, up 7% year-over-year, with systems revenue growing 27%.

The company posted adjusted EPS of $3.42, beating estimates, but guided third-quarter EPS slightly below consensus while raising full-year EPS and revenue guidance. Welltower Inc. reported first-quarter 2025 adjusted funds from operations (FFO) per share of $1.20, beating estimates, with revenue of $2.42 billion also surpassing expectations. The company projects full-year normalized FFO per share between $4.90 and $5.04, with same-store net operating income growth of 10% to 13.3%. Other real estate investment trusts including Brixmor Property Group, Alexandria Real Estate Equities, Franklin BSP Realty Trust, Stag Industrial, Boston Properties, Equity Residential, Essex Property Trust, Equinix, Public Storage, VICI Properties, Ventas, Mid-America Apartment Communities, and UDR also reported first-quarter 2025 earnings, with most beating FFO per share and sales estimates. These earnings reports reflect continued strength in technology and real estate sectors amid ongoing demand and operational improvements.