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Cadence Design Systems Inc (CDNS.OQ)

CDNS.OQ on NASDAQ Stock Exchange Global Select Market

43.68USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Cadence to acquire Nusemi Inc
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Cadence Design Systems Inc :Cadence to expand high-speed communications IP portfolio with acquisition of Nusemi Inc.Cadence Design Systems Inc - ‍terms of transaction were not disclosed​.Cadence Design Systems Inc - ‍transaction is not expected to have a material impact on Cadence's fiscal 2017 operational results​.  Full Article

Cadence sees Q4 earnings of $0.26/shr to $0.28/shr
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Cadence Design Systems Inc :Cadence reports third quarter 2017 financial results.Sees FY 2017 gaap earnings per share $1.04 to $1.06.Sees Q4 GAAP earnings per share $0.26 to $0.28.Q3 GAAP earnings per share $0.29.Sees Q4 2017 revenue $490 million to $500 million.Sees FY 2017 revenue $1.931 billion to $1.941 billion.Q3 revenue $485 million versus i/b/e/s view $481.2 million.Sees FY 2017 non-GAAP earnings per share $1.39 to $1.41.Q3 non-GAAP earnings per share $0.35.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.  Full Article

Cadence Design Systems says Q2 GAAP earnings per share $0.17
Monday, 25 Jul 2016 

Cadence Design Systems Inc : Q2 2016 revenue of $453 million, compared to revenue of $416 million reported for same period in 2015 . Fy2016 earnings per share view $1.21, revenue view $1.82 billion -- Thomson Reuters I/B/E/S . Cadence reports second quarter 2016 financial results . Sees fy 2016 gaap earnings per share $0.70 to $0.76 . Sees q3 gaap earnings per share $0.17 to $0.19 . Q2 gaap earnings per share $0.17 . Sees q3 2016 revenue $440 million to $450 million . Sees fy 2016 revenue $1.8 billion to $1.83 billion . Q2 revenue $453 million versus i/b/e/s view $449.5 million . Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Sees fy 2016 non-gaap earnings per share $1.17 to $1.23 . Q2 non-gaap earnings per share $0.29 .Q3 earnings per share view $0.31, revenue view $457.2 million -- Thomson Reuters I/B/E/S.  Full Article

Cadence Design Systems Inc gives Q1 2016 and FY 2016 guidance
Wednesday, 3 Feb 2016 

Cadence Design Systems Inc:Says for Q1 2016, the company expects total revenue in the range of $440 million to $450 million.Q1 2016 GAAP net income per diluted share is expected to be in the range of $0.17 to $0.19.Q1 2016 Net income per diluted share using the non-GAAP measure defined below is expected to be in the range of $0.26 to $0.28.Says For FY 2016, the company expects total revenue in the range of $1.790 billion to $1.840 billion.On a GAAP basis, net income per diluted share for FY 2016 is expected to be in the range of $0.72 to $0.82.Using the non-GAAP measure defined below, net income per diluted share for FY 2016 is expected to be in the range of $1.15 to $1.25.  Full Article

REFILE-FACTBOX-Corporate alternative minimum tax threat hits pharma, tech

(Refiles to fix spelling of FACTBOX in headline) Dec 6 The tax overhaul legislation passed by the U.S. Senate jettisoned a long-held Republican goal of repealing the corporate alternative minimum tax (AMT), a move seen as hurting companies that invest heavily in research and development. The Senate's inclusion of the AMT puts the bill, passed narrowly last Saturday, on a collision course with Republicans in the House of Representatives, whose version would repeal the corpora