Cadence Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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US:NASDAQ Investor Relations:
cadence.com/company/investor_relations/index.aspx?lid=investor_relations
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Source: Yahoo! Finance
SAN JOSE, Calif., October 28, 2024 BUSINESS WIRE )--Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the third quarter of 2024. Third Quarter 2024 Financial Results Revenue of $1.215 billion, compared to revenue of $1.023 billion in Q3 2023 GAAP operating margin of 29%, compared to 29% in Q3 2023 Non-GAAP operating margin of 45%, compared to 41% in Q3 2023 GAAP diluted net income per share of $0.87, compared to $0.93 in Q3 2023 Non-GAAP diluted net income per share of $1.64, compared to $1.26 in Q3 2023 Quarter-end backlog was $5.6 billion and current remaining performance obligations ("cRPO"), contract revenue expected to be recognized as revenue in the next 12 months, was $2.9 billion "Cadence delivered exceptional results for the third quarter of 2024, driven by broad-based strength across our portfolio, especially in IP, SD&A, and hardware systems," said Anirudh Devgan, president and chief executive officer. "Customers are achieving outstand
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News
- Cadence Design Systems (CDNS) Fell Despite Reporting Strong Results [Yahoo! Finance]Yahoo! Finance
- Unpacking Q3 Earnings: Cadence (NASDAQ:CDNS) In The Context Of Other Design Software Stocks [Yahoo! Finance]Yahoo! Finance
- Workday Gains 17% in the Past Year: Reason to Buy WDAY Stock? [Yahoo! Finance]Yahoo! Finance
- Fortune and Great Place To Work® Name Cadence One of the World's Best Workplaces™ in 2024, Ranking No. 9 [Yahoo! Finance]Yahoo! Finance
- Fortune and Great Place To Work® Name Cadence One of the World’s Best Workplaces™ in 2024, Ranking No. 9Business Wire
CDNS
Earnings
- 10/28/24 - Beat
CDNS
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- CDNS's page on the SEC website