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0.000230390245631438 0.000850671676177681 0.00269379364122919 0.00563569985467704 0.013362634246624 0.0116612908942687 0.0149576436394571 0.0134512458795591
Stock impact report

Winners And Losers Of Q4: Cadence (NASDAQ:CDNS) Vs The Rest Of The Design Software Stocks [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Today we are looking at Cadence (NASDAQ:CDNS) and the best and worst performers in the design software industry. The demand for rich, interactive 2D, 3D, VR and AR experiences is growing, and while the ubiquitous metaverse might still be more of a buzzword than a real thing, what is real is the demand for the tools to create these experiences, whether they are games, 3D tours or interactive movies. The 6 design software stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.8% since the latest earnings results. With the name chosen to reflect the idea of a repeating pattern or rhythm in electronic design, Cadence Design Systems (NASDAQ:CDNS) offers a software-as-a-service platform for semiconductor engineering and design. Cadence reported revenues of $1.36 billion, up 26.9% year Show less Read more
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