Cadence Design Systems Inc
- Cadence Design Systems Inc. dropped 3.9% to $288.65 despite the automation software provider reporting steady revenue growth in the fourth quarter ended in December.
Revenue climbed to $1.35 billion from $1.07 billion, net income increased to $340.21 million from $323.89 million, and earnings per diluted share rose to $1.24 from $1.19 a year ago.
For the first quarter of 2025, the company estimated diluted net income per share on a non-GAAP basis between $1.46 and $1.52, compared to $1.17 in the same period last year, and net income between $402 million and $419 million on a non-GAAP basis, compared to $318.88 million a year ago.
The company also estimated revenue in the first quarter between $1.23 billion and $1.25 billion, compared to $1.01 billion in the same quarter last year.
Feb 19, 2025 - Cadence Design Systems jumped 10.5% to $279.24 after the chip design software company reported better-than-expected quarterly results.
Revenue in the third quarter increased to $1.21 billion from $1.02 billion, net income decreased to $238.1 million from $254.3 million, and diluted earnings per share fell to 87 cents from 94 cents a year ago.
The company reiterated its full-year 2024 revenue to range between $4.61 billion and $4.65 billion and diluted net income per share between $3.70 and $3.76.
Oct 29, 2024 - Cadence Design Systems increased 1% to $289.12, and the advanced chip design software trimmed its current quarter earnings outlook to between $1.39 and $1.49 per share.
Revenue in the second quarter increased to $1.06 billion from $977 million, net income rose to $229.5 million from $221.2 million, and diluted earnings per share advanced to 84 cents from 81 cents a year ago.
Jul 23, 2024 - Cadence Design Systems Inc declined 5.1% to $202.09 after the semiconductor design software developer reported its quarterly results.
Revenue in the first quarter increased to $1.02 billion from $901 million and net income rose to $241.8 million from $235.3 million and diluted earnings per share increased to 89 cents from 85 cents a year ago.
For the second quarter, the company estimated total revenue in the range of $960 million to $980 million and operating margin in the range of 29% to 30% and diluted earnings per share in the range of $0.73 to $0.77.
Apr 26, 2023 - Cadence said fourth quarter revenue increased 16.4% to $899.8 million from $773 million. Net income in the quarter increased to $240.4 million from $176.5 million and diluted earnings per share rose to 88 cents from 66 cents a year ago.
Feb 13, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.89 | 0.81 | 0.93 | - | - | |
| 2022 | 0.85 | 0.68 | 0.68 | 0.88 | 3.09 | |
| 2021 | 0.67 | 0.56 | 0.63 | 0.64 | 2.5 | |
| 2020 | 0.44 | 0.47 | 0.58 | 0.62 | 2.11 | |
| 2019 | 0.43 | 0.38 | 0.36 | 2.36 | 3.53 | |
| 2018 | 0.26 | 0.27 | 0.35 | 0.35 | 1.23 | |
| 2017 | 0.25 | 0.25 | 0.29 | 0.29 | 1.08 | |
| 2016 | 0.20 | 0.17 | 0.23 | 0.14 | 0.74 | |
| 2015 | 0.18 | 0.22 | 0.22 | 0.25 | 0.87 | |
| 2014 | 0.11 | 0.08 | 0.12 | 0.21 | 0.52 | |
| 2013 | 0.27 | 0.03 | 0.13 | 0.13 | 0.56 | |
| 2012 | 0.11 | 0.13 | 0.21 | 1.12 | 1.57 | |
| 2011 | 0.02 | 0.10 | 0.10 | 0.05 | 0.27 | |
| 2010 | -0.04 | 0.18 | 0.48 | -0.14 | 0.48 | |
| 2009 | -0.25 | -0.29 | -0.05 | 0.01 | -0.58 | |
| 2008 | -0.13 | -0.07 | -0.67 | -6.43 | -7.3 | |
| 2007 | 0.15 | 0.20 | 0.24 | 0.38 | 0.97 | |
| 2006 | 0.07 | 0.10 | 0.14 | 0.15 | 0.46 | |
| 2005 | 0.00 | 0.00 | 0.07 | 0.09 | 0.16 |