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 Q3 2020

Earnings data Q4 2020

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

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.

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. 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.

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

Why Is Cadence (CDNS) Down 7.4% Since Last Earnings Report?

Cadence Design Systems has a great track record of growing revenue and earnings at an above average pace.

Cadence Design Systems: A Better Entry Point Could Be Coming

Cadence (CDNS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love Cadence (CDNS)

Over the past ten years, revenue of Cadence has been increasing at a CAGR of 9% and EBITDA has been increasing at a CAGR of 22%.

Cadence Design Systems: An Excellent Long-Term Bet

Microsoft

Progress Software

Rosetta Stone

Computer Software Stock Outlook: Growth Prospects Solid

Cadence (CDNS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Cadence (CDNS) Hits 52-Week High, Can the Run Continue?

Cadence Design Systems, Inc. (CDNS) CEO Lip-Bu Tan on Q2 2019 Results - Earnings Call Transcript

Cadence Design Systems Inc. CDNS, -0.36% shares declined in the extended session Monday after the chip-design software company reported results in-line with Wall Street estimates.

Cadence Design stock slips on in-line results

Cadence Design Systems late Monday beat Wall Street's sales and earnings targets for its second fiscal quarter. But the earnings news sent Cadence stock down sharply in extended trading.

Cadence Design Systems Tops Second-Quarter Views, But Stock Falls

Cadence Design Systems (CDNS) closed the most recent trading day at $74.35, moving -0.46% from the previous trading session.

Cadence Design Systems (CDNS) Stock Moves -0.46%: What You Should Know

CEO of Cadence Design Systems Inc (30-Year Financial, Insider Trades) Lip Bu Tan (insider trades) sold 40,000 shares of CDNS on 07/15/2019 at an average price of $75.12 a share.

Cadence Design Systems Inc (CDNS) CEO Lip Bu Tan Sold $3 million of Shares

Cadence Design (CDNS) gains from strong adoption of it's digital and signoff, custom and analog, IP solutions and expanding customer base.

What's in the Offing for Cadence (CDNS) in Q2 Earnings?

Advanced Micro Devices

Anadarko Petroleum

Chipotle

Coty

DISH Network

MarketAxess Holdings

Synopsys

SPDR S&P 500 ETF Trust

Total System Services

Xerox

The S&P 500 breaks the 3,000 level for the first time ever after the Fed indicated easy money policies in the cards.

10 Stocks of S&P 500 ETF Up More Than 60% This Year

Revenue guidance raised on new product successes.

Cadence Design Systems: Another Strong Quarter

Adobe

ServiceNow

Smartsheet

Stock futures: Chips and China names led Monday's stock market rally. But Microsoft, Adobe, ServiceNow are among five top software stocks rising and reclaiming buy points.

Dow Jones Futures: Microsoft, Adobe, ServiceNow Lead 5 Software Stocks In Buy Zones

Cadence (CDNS) expands Verification Suite with DisplayPort 2.0 compliant VIP to aid semiconductor companies in developing advanced SoC design.

Cadence Rolls Out DisplayPort 2.0 Compliant Verification IP

Cadence Design Systems (CDNS) closed the most recent trading day at $69.84, moving +0.59% from the previous trading session.

Cadence Design Systems (CDNS) Gains As Market Dips: What You Should Know

MSCI

DENTSPLY SIRONA

Take a look at the ten stocks that have shown the greatest returns this year to date.

The Top-Performing Stocks Of 2019

Through mid-June, the stock market is off to its best start since 1997, and these are the winning stocks leading the record rally.

7 Top S&P 500 Stocks of 2019 (So Far)

Akamai Technologies

Cisco Systems

Twitter

Buoyed by Fed's strong signal of interest rate cut in 2019, the S&P 500 Index set a fresh all-time high.

S&P 500 Hits Fresh High, Can it Cross 3,000 in 2019? 5 Picks

Does Cadence Design Systems (CDNS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Cadence Design Systems (CDNS)

Cadence's (CDNS) Palladium Z1 is deployed by Acacia Communications to facilitate development of ASICs aimed at optical networking applications.

Cadence's (CDNS) Palladium Z1 Enables Acacia to Design ASIC

Cadence's (CDNS) latest Tensilica Vision P6 DSP is deployed by Toshiba to facilitate development of automotive SoCs.

Cadence's Tensilica Vision to Help Toshiba Develop ADAS Chip

Cadence's (CDNS) recently unveiled Protium X1 platform witnesses adoption from chip-making giant NVIDIA.

Cadence's (CDNS) Latest Protium X1 Platform Gaining Traction

Nordstrom

Under Armour

The stock charts of UAA, JWN and CDNS stock have been put under the trading microscope for some scrutiny. Here's what you need to know.

News for Cadence Design Systems Stock (CDNS)