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.

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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.

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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)--Cadence's Lip-Bu Tan to Present at Morgan Stanley Conference

Cadence's Lip-Bu Tan to Present at Morgan Stanley Conference

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Aerospace--Cadence Design Systems, Inc. announced that it has completed the acquisition of NUMECA International.

Cadence Completes Acquisition of NUMECA

Cadence's (CDNS) Q4 performance reflects gains from continued momentum in the digital & signoff solutions and Verification Suite along with increasing customer base.

Cadence (CDNS) Beats Earnings and Revenue Estimates in Q4

Cadence Design Systems, Inc. (CDNS) CEO Lip Tan on Q4 2020 Results - Earnings Call Transcript

Shares of Cadence Design Systems Inc. rose more than 6% in the extended session Monday after the software company reported fourth-quarter profit and sales above Wall Street expectations. Cadence said it earned $174 million, or 62 cents a share, in the quarter, compared with $660 million, or $2.36 a share, in the year-ago quarter.

Cadence Design Systems stock up 6% after quarterly beat

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Cadence Design Systems Inc. (NASDAQ: CDNS) published its earnings report for the fiscal fourth quarter on Monday that came in better than what analysts had anticipated. Cadence Design Systems' shares were reported close to 6% up in after-hours trading on Monday.

Cadence Design Systems tops analysts' estimates for earnings and revenue in Q4

Shares of Cadence Design Systems (NASDAQ:CDNS) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 53.70% over the past year to $0.83, which beat the estimate of $0.74.

Recap: Cadence Design Systems Q4 Earnings

Electronic design software maker Cadence Design Systems on Monday beat Wall Street's targets for the fourth quarter and guided higher for the current quarter and full year. CDNS stock rose.

Cadence Design Systems Beats Fourth-Quarter Targets, Guides Higher For 2021

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Cadence Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Cadence Design Systems (NASDAQ:CDNS) announces its next round of earnings this Monday, February 22. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.

Earnings Preview: Cadence Design Systems

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

Here's How Cadence (CDNS) Looks Ahead of Q4 Earnings Release

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced the establishment of the Cadence Design Systems Professorship Fund for the MIT Stephen A. Schwarzman College of Computing.

Cadence Announces $5M Endowment at Massachusetts Institute of Technology

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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Aerospace--Cadence entered into a definitive agreement to acquire NUMECA International, a leader in computational fluid dynamics (CFD).

Cadence to Acquire NUMECA to Expand System Analysis Capabilities With Computational Fluid Dynamics

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Synopsys Stock Breaks Out As Cadence Design Systems Nears Buy Point

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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Rockley Photonics deployed a set of Cadence system analysis and custom tools to design a state-of-the-art SiP for hyperscale data centers.

Rockley Photonics Collaborates with Cadence to Create a High-Performance System for Hyperscale Data Centers

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #BoardOfDirectors--Cadence Design Systems, Inc. today announced the appointment of Julia Liuson to its board of directors, effective January 4, 2021.

Cadence Appoints Julia Liuson to Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--John Wall, senior vice president and chief financial officer of Cadence, will participate in a fireside chat at the Nasdaq 43rd Investor Conference.

Cadence's John Wall to Present at Nasdaq 43rd Investor Conference

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If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Cadence (CDNS).

Is Cadence (CDNS) a Great Growth Stock?

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

Cadence (CDNS) Up 0.8% Since Last Earnings Report: Can It Continue?

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

News for Cadence Design Systems Stock (CDNS)