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Cadence Design Systems Inc
Previous close
$276.12
Day range
$275.42 - $283.00
Year range
$241.29 - $328.99
Market cap
77.24B USD
Avg Volume
2.09M
P/E ratio
74.18
Dividend yield
-
Primary exchange
NASDAQ
Top news
Q3 earnings report for Cadence Design Systems
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 1.22B | 18.81% |
Operating expense | 676.86M | 11.93% |
Net income | 238.11M | -6.37% |
Net profit margin | 19.59 | -21.20% |
Earnings per share | 1.64 | 30.16% |
EBITDA | 430.64M | 24.77% |
Effective tax rate | 28.58% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.94B | 205.75% |
Total assets | 9.17B | 68.78% |
Total liabilities | 4.60B | 98.65% |
Total equity | 4.56B | — |
Shares outstanding | 274.26M | — |
Price to book | 16.59 | — |
Return on assets | 11.46% | — |
Return on capital | 14.45% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 238.11M | -6.37% |
Cash from operations | 410.00M | 3.56% |
Cash from investing | -39.25M | 78.65% |
Cash from financing | 1.33B | 1,267.30% |
Net change in cash | 1.73B | 1,861.33% |
Free cash flow | 308.77M | 16.71% |
About
Cadence Design Systems, Inc. is an American multinational technology and computational software company. Headquartered in San Jose, California, Cadence was formed in 1988 through the merger of SDA Systems and ECAD. Initially specialized in electronic design automation software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips, printed circuit boards, and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense and automotive industries, among others. Wikipedia
Founded
1983
Headquarters
Website
Employees
12,703
