Cadence Design Systems (CDNS) Tops Q4 EPS by 6c, Beats on Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St futures muted as investors monitor US-Iran negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Cadence Reports Fourth Quarter and Fiscal Year 2024 Financial Results
February 18, 2025 4:02 PM ESTRecord Backlog of $6.8 Billion
Exceeded Q4 and 2024 Outlook for Revenue and EPS
SAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the fourth quarter and fiscal year 2024.
Fourth Quarter 2024 Financial Results
Revenue of $1.356 billion, compared to revenue of $1.069 billion in Q4 2023 GAAP operating margin of 33.7%, compared to 31.5% in Q4 2023 Non-GAAP operating margin of 46.0%, compared to 42.9% in Q4 2023 GAAP diluted net income per share of $1.24, compared to $1.19 in Q4... More