Kingtone Electronics expects adjusted earnings per share of $2.19 to $2.25 in the fourth quarter, exceeding expectations.

EDA company Cadence Electronics reported adjusted earnings per share of $2.11 for the third quarter, exceeding the market expectation of $2.05; revenue was $1.63 billion, higher than the expected $1.61 billion. Cadence Electronics expects adjusted earnings per share for the fourth quarter to be between $2.19 and $2.25, surpassing the market expectation of $2.02.