Cadence Design Systems: Another Opportunity To Buy Solid Recurring Revenue [Seeking Alpha]
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: Seeking Alpha
SummaryStrong 4Q19 results paint a solid picture pre-pandemic.Upbeat industry outlook with new demand drivers.Entry into systems analysis and solvers are bearing fruit.Virus concerns are still present but Cadence boasts strong recurring revenue.Cadence Design Systems (CDNSreportedInitially in February, markets believed the virus could be contained in China which was likely why we saw the U.S. broad market indexes reaching all time highs. That situation quickly turned when infections spread all across the globe. Many quality names were indiscriminately sold off, with many registering declines of more than 30% in just a month's time. Now that the dust is beginning to settle, I think it is a good time to revisit Cadence.Data byYCharts4Q19 results wrap-up4Q19 total revenue of ~$600M was up 5.2%, of which product revenue contributed to $565M, increasing 5.7% yoy.Functional verification (hardware) accounted to 24% of total revenue in 4Q19, up from 20% in 3Q19. Hardware segment had a record
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News
- Cadence Design Systems, Inc. (CDNS): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems (CDNS) Stock Is Up, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- Does Cadence Design Systems Still Offer Value After Its Big AI Driven Run? [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems, Inc. (CDNS) Presents at UBS Global Technology and AI Conference 2025 Transcript [Seeking Alpha]Seeking Alpha
- Cadence’s Anirudh Devgan to Present at Nasdaq Investor ConferenceBusiness Wire
CDNS
Earnings
- 10/27/25 - Beat
CDNS
Sec Filings
- 12/3/25 - Form 4
- 12/1/25 - Form 144
- 11/19/25 - Form 4
- CDNS's page on the SEC website