Cadence Design Systems

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through the following geographical segments: Americas, Asia, Europe, Middle East and Africa, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cadence Design Systems reports record 2022 results and eyes continued growth

Cadence Design Systems (CDNS) delivered strong financial performance in 2022, driven by robust demand in key growth areas and strategic partnerships, positioning the company for continued growth in 2023.
While facing challenges in clarifying revenue guidance, AI integration, and maintaining margins, Cadence's focus on innovation, customer needs, and strategic acquisitions presents opportunities for sustained growth and market leadership.
Analyst inquiries highlighted the need for clear communication on key strategic initiatives, pricing strategies, and technology integration, signaling areas for Cadence to address for enhanced stakeholder understanding and confidence.

Cadence Design Systems reports robust Q1 results and AI-driven growth outlook

Cadence Design Systems delivered strong financial performance in Q1 2023, driven by successful collaborations and growth across key business segments.
While facing challenges in revenue distribution and customer renewals, the company's strategic focus on AI investments and automation positions them well for future growth.
Opportunities lie in leveraging AI for optimization, capitalizing on hardware demand, and driving innovation in system design and analysis, setting the stage for continued success.

Cadence Design Systems reports robust Q2 performance and growth opportunities

Cadence Design Systems (CDNS) delivered strong Q2 results with revenue and EPS growth, driven by AI and hardware performance.
Partnerships with industry leaders and focus on innovation position Cadence for long-term growth in semiconductor and system design.
Challenges include managing operating margins, product development, and production capacity to meet growing demand.
Opportunities lie in leveraging AI capabilities, driving profitable growth, and expanding business across all segments for the future.

Cadence Design Systems (CDNS) exceeds Q3 guidance, focuses on AI-driven growth

Cadence Design Systems (CDNS) delivered robust Q3 results, driven by strong AI-driven design automation and key customer successes.
While facing challenges such as external risks and margin impacts, the company remains focused on innovation and growth opportunities.
With a positive outlook for 2023 and emphasis on AI tools and collaborations, Cadence is well-positioned for continued success and market impact.

Cadence Design Systems (CDNS) posts record 2023 results, eyes AI growth

Cadence Design Systems (CDNS) delivered impressive financial results for Q4 2023 and the full year, driven by robust revenue growth and strategic partnerships. While facing challenges in IP revenue and AI impact realization, the company is poised to capitalize on opportunities in AI tools adoption and R&D investments for future growth.

Cadence Design Systems reports strong Q1 earnings and eyes growth opportunities in high-demand sectors

Cadence Design Systems had a strong Q1, raising financial outlook for 2024 and showcasing leadership in hardware platforms and AI solutions.
While facing challenges like flat China revenue and margin pressures, the company is well-positioned to capitalize on growth opportunities in high-demand sectors.
Partnerships with key industry players and strong demand for hardware platforms drive growth, with expectations for recurring revenue growth above 10%.
Cadence's focus on innovation and market expansion, along with strong customer and partner relationships, positions the company for continued success in the semiconductor and systems industry.

Cadence Design Systems excels in Q2 2024, poised for market disruption

Cadence Design Systems demonstrated strong performance and growth in Q2 2024, driven by strategic partnerships and innovative solutions.
The company's focus on intelligent system design and AI-driven platforms positions it well for future market opportunities.
While facing challenges in a competitive landscape, Cadence has opportunities for expansion and disruption across various sectors.

Cadence Design Systems (CDNS) reports strong Q3 earnings and emphasizes AI-driven growth strategies

Cadence Design Systems (CDNS) showcased robust financial performance in Q3 2024, with a focus on profitability, strategic partnerships, and growth opportunities. Analyst inquiries highlighted areas for potential improvement and scrutiny.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. It operates through the following geographical segments: Americas, Asia, EMEA, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--GUC successfully deployed the Cadence® Clarity™ 3D Solver to achieve a 5X system analysis speedup for a complex 112G long-reach network switch design.

Global Unichip Corporation Deploys Cadence Clarity 3D Solver To Achieve 5X Speedup of System Analysis for 112G Long-Reach Network Switch

Cadence Design Systems Inc (NASDAQ: CDNS) extended its partnership with Arm to accelerate hyper-scale computing and 5G communications SoC development using Cadence tools and the new Arm Neoverse V1 and Neoverse N2 platforms. Cadence optimized its digital and verification full flows to drive adoption of the latest platforms to build upon previous silicon successes with the first-generation Arm Neoverse N1 platform and Cadence digital and verification tools on 7nm process technologies.

Cadence Extends Arm Partnership To Drive Hyperscale Computing, 5G Communications SoC Development

The semiconductor specialist's first-quarter numbers beat expectations, but its outlook disappointed investors.

Why Cadence Design Systems Stock Plummeted Today

Cadence's (CDNS) Q1 results benefit from strength across business segments like digital & signoff solutions and functional verification suite.

Cadence (CDNS) Earnings and Revenues Top Estimates in Q1

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence and Arm are collaborating to speed SoC development using Cadence® tools and the new Arm® Neoverse V1 and Neoverse N2 platforms.

Cadence Collaborates with Arm to Accelerate Hyperscale Computing and 5G Communications SoC Development

Cadence Design Systems, Inc (CDNS) CEO Lip Tan on Q1 2021 Results - Earnings Call Transcript

Cadence Design Systems Inc (NASDAQ: CDNS) reported its financial results for the fiscal first quarter on Monday that beat Wall Street estimates. The computer software company, however, gave weaker than expected guidance for the second quarter.

4 key takeaways from Cadence Design Systems' quarterly earnings report

Electronic design software maker Cadence Design Systems late Monday beat Wall Street's targets for the first quarter but its guidance for the second quarter disappointed. CDNS stock fell.

Cadence Design Systems Beats First-Quarter Goals But Outlook Light

Shares of Cadence Design Systems (NASDAQ:CDNS) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 38.33% over the past year to $0.83, which beat the estimate of $0.75.

Cadence Design Systems: Q1 Earnings Insights

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports First Quarter 2021 Financial Results

Cadence Reports First Quarter 2021 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence has extended its popular Tensilica® Vision and AI DSP product line with new DSP IP cores targeting high-end and always-on applications.

Cadence Extends Popular Tensilica Vision and AI DSP IP Product Line with New DSPs Targeting High-End and Always-On Applications

Cadence's (CDNS) first-quarter results are likely to reflect the solid adoption of Clarity 3D Solver and CloudBurst Platform offerings. However, stiff competition is a headwind.

Cadence (CDNS) to Report Q1 Earnings: What's in the Offing?

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that the Cadence Pegasus™ Verification System has achieved certification for Samsung Foundry's 5nm and 7nm process technologies.

Cadence Pegasus Verification System Certified for Samsung Foundry 5nm and 7nm Process Technologies

Analog Devices

Advanced Micro Devices

Broadcom

Marvell Technology

NVIDIA

NXP Semiconductors

VanEck Vectors Semiconductor ETF

Teradyne

Xilinx

Semis slid -16.5% into the March low, but are nicely constructive off that. EW charts show, on average, 25-30% further upside in the months ahead.

Riding The Stock Waves: Update On The Semiconductor Sector

Cadence Design Systems Inc (NASDAQ: CDNS) has acquired Pointwise, Inc, a mesh generator for computational fluid dynamics (CFD). The financial terms of the transaction were not disclosed.

Cadence Acquires CFD Mesh Generator Pointwise For Undisclosed Sum

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD).

Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications

Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cadence Design Systems (CDNS) to Report Q1 Results: Wall Street Expects Earnings Growth

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Announces First Quarter 2021 Financial Results Webcast

Cadence Announces First Quarter 2021 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced that it has optimized the Cadence digital 20.1 full flow for Samsung Foundry's advanced-process technologies down to 4nm.

Cadence Collaborates With Samsung Foundry to Accelerate Hyperscale Computing SoC Design for Process Nodes Down to 4nm

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the availability of an automotive-optimized Cadence digital full flow for Samsung Foundry's 14LPU process technology.

Cadence Delivers Automotive Reference Flow for Samsung Foundry 14LPU Process Technology

Cadence's (CDNS) new Palladium Z2 and Protium X2 systems are expected to be generally available from second quarter of 2021.

Cadence (CDNS) Rolls Out Palladium Z2 and Protium X2 Solutions

Adobe

Microsoft

Upland Software

Veeva Systems

Here we discuss five enterprise software companies -- MSFT, ADBE, CDNS, VEEV, and UPLD -- which are well poised to gain from coronavirus crisis triggered spend on digital transformation amid proliferation of cloud computing.

5 Enterprise Software Stocks to Buy Amid Rise in Digital Spending

As of late, it has definitely been a great time to be an investor of Cadence Design Systems (CDNS)

Can the Rally in Cadence Design Systems (CDNS) Shares Continue?

SAN JOSE, Calif.--(BUSINESS WIRE)-- #SoC--Cadence announces the Palladium Z2 and Protium X2 systems to handle the exponentially increasing system design complexity and time-to-market pressures

Cadence Unveils Next-Generation Palladium Z2 and Protium X2 Systems to Dramatically Accelerate Pre‑Silicon Hardware Debug and Software Validation

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?

News for Cadence Design Systems Stock (CDNS)