Design Software Stocks Post Q1 Revenue Beats But Shares Mixed; Dolby Slumps 11% on Weak Guidance

The seven design software companies tracked by StockStory reported aggregate first-quarter 2026 revenue 2.9% above analyst expectations, but the group’s average share price fell 2.4% since the results, reflecting caution over growth outlooks. Dolby Laboratories (NYSE:DLB) saw revenue rise 7.1% to $395.6 million, beating estimates by 2.8%, yet guidance missed significantly, sending the stock down 11% to $55.50 as of June 1, 2026. Cadence Design Systems (NASDAQ:CDNS) rose 11% to $373.43 after revenue of $1.47 billion beat by 1.9% and billings and EBITDA topped forecasts. PTC (NASDAQ:PTC) revenue jumped 21.7% to $774.3 million, beating by 8.6%, but next-quarter EPS guidance missed, leaving the stock up 1.5%. Procore Technologies (NYSE:PCOR) dropped 19.9% despite a 15.7% revenue gain, while Unity (NYSE:U) rose 11.8% after a 16.8% revenue increase. Investors focused on forward-looking guidance as geopolitical risks from the U.S.-Iran conflict shifted market sentiment away from rate-sensitive technology sectors.