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Cadence Design Systems Inc (CDNS)

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284.79 +7.71    +2.78%
- Real-time Cboe. Currency in USD ( Disclaimer )
Type:  Equity
Market:  United States
  • Volume: 792,584
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 278.50 - 287.43
Cadence Design 284.79 +7.71 +2.78%

NASDAQ:CDNS Financials

 
A brief overview of the NASDAQ:CDNS financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Cadence over time.

Cadence Design Systems, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 1,009.1 million compared to USD 1,021.69 million a year ago. Net income was USD 247.64 million compared to USD 241.8 million a year ago. Basic earnings per share from continuing operations was USD 0.92 compared to USD 0.9 a year ago. Diluted earnings per share from continuing operations was USD 0.91 compared to USD 0.89 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

CDNS Income Statement

Gross margin TTM 89.31%
Operating margin TTM 29.48%
Net Profit margin TTM 25.68%
Return on Investment TTM 26.83%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 1009.1 1068.62 1023.09 976.58
Gross Profit 883.91 964.49 913.51 879.72
Operating Income 250.24 337.76 308.79 302.43
Net Income 247.64 323.9 254.32 221.12

CDNS Balance Sheet

Quick Ratio MRQ 0.96
Current Ratio MRQ 1.32
LT Debt to Equity MRQ 8.4%
Total Debt to Equity MRQ 18.2%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 5722.13 5669.49 5431.38 5155.12
Total Liabilities 2154.53 2265.22 2317.48 2246.67
Total Equity 3567.6 3404.27 3113.89 2908.46

CDNS Cash Flow Statement

Cash Flow/Share TTM 4.9
Revenue/Share TTM 14.96
Operating Cash Flow  17.28%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 253.23 272.09 395.91 413.77
Cash From Investing Activities -79.77 -98.68 -183.83 -94.07
Cash From Financing Activities -159.4 -137.6 -114.36 -354.25
Net Change in Cash 4.27 46.17 88.06 -43.04
* In Millions of USD (except for per share items)
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CDNS Comments

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Vinay Grover
Vinay Grover Apr 22, 2024 4:58PM ET
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Can anybody tell me how come pre market share are down even though good earnings ? How to read the commentary? Any website ?
Guven Buyukpolat
Guven Buyukpolat Apr 22, 2024 4:14PM ET
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25 billion company 77 billions what a joke
Elyes Riahi
Elyes Riahi Apr 22, 2024 4:09PM ET
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Watch out nas 100 tomorrow
Jeff Bailey
JeffB Jul 26, 2021 4:10PM ET
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CDNS $145.00 -0.46% @ Close! (Earnings)
Jul 26, 2021 4:08PM ET
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The decline is continuous why
Хомячилло junior
Хомячилло junior Apr 27, 2021 12:55PM ET
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what's happening? report is fine...
Kamran Prince
Kamran Prince Apr 26, 2021 4:16PM ET
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very nice
Dick Philip K
Dick Philip K Feb 22, 2021 10:02AM ET
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Earning is due today. Hope it to be beat.
Stanimir Georgiev
Stanimir Georgiev Jan 27, 2021 4:17PM ET
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What happened today???
Mohammed Abedin
Mohammed Abedin Oct 14, 2020 5:20PM ET
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Never Misses earnings due in 5 days...  🎯 https://tradeticker.news/cdns
Siraz Mohammed
Siraz Mohammed Oct 14, 2020 5:20PM ET
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How does this work
 
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