$CDNS (Cadence Design Systems Inc.)

$CDNS {{ '2016-04-25T21:27:09+0000' | timeago}} • Webcast

Electronic design automation software company $CDNS said that it offers a holistic verification suite of connected solutions based on strong core engines and optimized for total verification shuttle. Palladium Z1 sales ramped nicely, while the demand for Palladium XP remained strong.

$CDNS {{ '2017-11-17T14:46:45+0000' | timeago}} • Announcement

$CDNS appointed Anirudh Devgan, EVP and general manager of the Digital & Signoff Group and the System & Verification Group, as president of Cadence, effective immediately. Devgan will report to Lip-Bu Tan, Cadence CEO.

$CDNS {{ '2017-10-27T21:10:22+0000' | timeago}} • Infographic

$CDNS Cadence Design Systems, Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$CDNS {{ '2017-09-13T21:33:45+0000' | timeago}} • Announcement

$CDNS announced that John Wall has been appointed SVP & CFO, effective October 1, 2017. He will succeed Geoff Ribar who will remain with the company as a senior advisor until his retirement at the end of March 2018. $CDNS also appointed Michelle Quejado as Corporate Controller, reporting to Mr. Wall. Ms. Quejado comes to $CDNS from Zynga Inc.

$CDNS {{ '2017-09-11T15:42:47+0000' | timeago}} • Announcement

$CDNS announced its collaboration with TSMC to advance 7nm FinFET Plus design innovation for mobile and high-performance computing platforms. The Cadence digital, signoff and custom/analog tools have achieved certification for the latest version of TSMC’s 7nm FinFET Plus process.

$CDNS {{ '2017-07-24T20:40:26+0000' | timeago}} • Announcement

For 3Q17, $CDNS expects total revenue in the range of $475-485MM. GAAP EPS is expected to be in the range of $0.24-0.26, while non-GAAP EPS is expected in the range of $0.33-0.35. For FY17, $CDNS expects total revenue in the range of $1.910-1.950Bil. For FY17, GAAP EPS is expected to be $0.98-1.04, while non-GAAP EPS is expected to be $1.36-1.42.

$CDNS {{ '2017-07-24T20:33:40+0000' | timeago}} • Announcement

Electronic design automation company $CDNS reported a 40% jump in 2Q17 earnings, driven by robust software and IP growth. Net earnings spiked to $69.12M or $0.25 per share from $49.34MM or $0.17 per share a year earlier. Revenue increased 5.73% $479MM. On an adjusted basis, the company earned $0.34 per diluted share.

$CDNS {{ '2017-06-28T21:09:58+0000' | timeago}} • Announcement

$CDNS announced the election of Maggie Wilderotter, the former Executive Chairman and CEO of Frontier Communications Corporation, to its board of directors, effective July 1, 2017.

$CDNS {{ '2017-04-24T21:10:32+0000' | timeago}} • Announcement

$CDNS expects its 2Q17 total revenue to be about $470-480MM and GAAP net income per diluted share to be about $0.20-0.22.  Non-GAAP net income per diluted share is expected to be about $0.31-0.33 during 2Q17.

$CDNS {{ '2017-04-24T21:09:36+0000' | timeago}} • Announcement

For FY17, $CDNS expects total revenue to be in the range of $1.900-1.950Bil. The company anticipates GAAP net income per share to be about $0.930-1.03 and non-GAAP net income per diluted share is expected to be about $1.32-1.42.

$CDNS {{ '2017-04-24T21:09:07+0000' | timeago}} • Announcement

Integrated circuits manufacturer $CDNS reported higher 1Q17 earnings results, helped by higher revenues. Net income rose to $68MM, or $0.25 per share, compared to $51MM, or $0.17 per share during 1Q16. Revenue rose 6% YoY to $477MM from $448MM during 1Q16. Excluding items, $CDNS earned $0.32 per share during the quarter.

$CDNS {{ '2016-10-24T22:37:54+0000' | timeago}} • Webcast

$CDNS said the company had good growth in its hardware business in FY16. As a result of this, the company's DSO will go up and also the long term receivables would go up as $CDNS sells and leases more hardware.

$CDNS {{ '2016-10-24T22:27:30+0000' | timeago}} • Webcast

$CDNS stated that IP is an important business to the company and there is good growth opportunity because of the outsourcing trends. The company also stated that $CDNS is in a good position currently to meet the customer requirements and expects its IP business to grow going forward.

$CDNS {{ '2016-10-24T22:14:32+0000' | timeago}} • Webcast

$CDNS said the semiconductor and systems business are growing at levels that are not materially very different. The company added that about 40% of the company's business is in systems.

$CDNS {{ '2016-10-24T21:57:08+0000' | timeago}} • Webcast

$CDNS narrowed its outlook for FY16 on bookings, revenue and EPS. The company expects bookings in the range of $2.03-2.07Bil, equating to 8% growth at the mid-point. The company also stated that operating cash flow for FY16 is expected to be in the range of $380-420MM.

$CDNS {{ '2016-10-24T21:48:44+0000' | timeago}} • Webcast

In 3Q16, $CDNS completed the review of its IP business strategy and significantly increased the focus on standardized off-the-shelf IP. The company added that it expects its IP business to return to moderate sequential growth for 4Q16.

$CDNS {{ '2016-10-24T20:28:06+0000' | timeago}} • Announcement

For 2017, $CDNS expects total revenue in the range of $1.810-1.820Bil. On a GAAP basis, diluted EPS is expected in the range of $0.74-0.76 and non-GAAP diluted EPS is expected to be in the range of $1.19-1.21.

$CDNS {{ '2016-10-24T20:26:02+0000' | timeago}} • Announcement

For 4Q16, $CDNS expects total revenue to be in the range of $463-473MM, GAAP diluted EPS is expected in the range of $0.18-0.20, while non-GAAP diluted EPS is expected to be in the range of $0.32-0.34.

$CDNS {{ '2016-10-24T20:23:08+0000' | timeago}} • Announcement

Integrated circuits manufacturer $CDNS posted lower 3Q16 results, hurt by higher cost and expenses. $CDNS said net income fell 16.63% to $64.71MM, or $0.23 per share from $77.62MM, or $0.25 per share a year ago. Revenue for the quarter rose 2.87% to $446.22MM. Excluding items, $CDNS earned $0.30 per share.

$CDNS {{ '2016-07-25T22:13:44+0000' | timeago}} • Webcast

Tom Diffely from DA Davidson asks about the driver of roughly 30% increase in G&A in 2Q16. $CDNS said it's largely the timing of the shutdown; last year it was in second quarter, this year it's in third quarter.

$CDNS {{ '2016-07-25T22:10:25+0000' | timeago}} • Webcast

Sterling Auty of JPMorgan asks about the hardware emulation guidance. $CDNS said the timing is about the timing of customer demand. Hardware will decline from 2Q16 to 3Q16. And importantly, the company is retaining the FY16 guidance.

Recent Transcripts

CSPI (CSP Inc.)
Tuesday, December 19 2017 - 3:00pm
ADBE (Adobe Systems Incorporated)
Thursday, December 14 2017 - 10:00pm
VEEV (Veeva Systems Inc.)
Tuesday, December 5 2017 - 9:30pm
VMW (VMware, Inc.)
Thursday, November 30 2017 - 10:00pm
SNPS (Synopsys Inc.)
Wednesday, November 29 2017 - 10:00pm
CRM (salesforce.com, inc.)
Tuesday, November 21 2017 - 10:00pm
NTAP (NetApp, Inc.)
Wednesday, November 15 2017 - 10:30pm
NVDA (NVIDIA Corporation)
Thursday, November 9 2017 - 10:00pm
MCHP (Microchip Technology Inc.)
Monday, November 6 2017 - 10:00pm
AAPL (Apple Inc.)
Thursday, November 2 2017 - 9:00pm
MDRX (Allscripts Healthcare Solutions, Inc.)
Thursday, November 2 2017 - 8:30pm
DATA (Tableau Software, Inc.)
Thursday, November 2 2017 - 8:30pm
ACIW (ACI Worldwide, Inc.)
Thursday, November 2 2017 - 12:30pm
ANSS (Ansys Inc)
Thursday, November 2 2017 - 12:30pm
QRVO (Qorvo, Inc.)
Wednesday, November 1 2017 - 9:00pm
ARRS (ARRIS International plc)
Wednesday, November 1 2017 - 9:00pm
FB (Facebook, Inc.)
Wednesday, November 1 2017 - 9:00pm
QCOM (QUALCOMM Incorporated)
Wednesday, November 1 2017 - 8:45pm
MSFT (Microsoft Corporation)
Thursday, October 26 2017 - 9:30pm
CDNS (Cadence Design Systems Inc.)
Thursday, October 26 2017 - 9:00pm

AlphaGraphics you may like