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Cadence Design Systems Inc (CDNS.OQ)

CDNS.OQ on NASDAQ Stock Exchange Global Select Market

67.65USD
24 Apr 2019
Change (% chg)

$0.95 (+1.42%)
Prev Close
$66.70
Open
$66.70
Day's High
$68.32
Day's Low
$66.70
Volume
1,067,200
Avg. Vol
814,479
52-wk High
$69.69
52-wk Low
$38.58

Latest Key Developments (Source: Significant Developments)

SambaNova Systems Secures $56 Mln In Funding Led By Walden International & GV
Thursday, 15 Mar 2018 

March 15 (Reuters) - SambaNova Systems::SAMBANOVA SYSTEMS EMERGES FROM STEALTH AND SECURES $56 MILLION IN SERIES A FUNDING LED BY WALDEN INTERNATIONAL AND GV.SAMBANOVA SYSTEMS, A STARTUP DEVELOPING COMPUTING PLATFORMS, SAYS CEO OF CADENCE DESIGN SYSTEMS, LIP-BU TAN, WILL ASSUME CHAIRMAN ROLE FOR CO'S BOARD.  Full Article

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 appoints John Wall as next CFO
Wednesday, 13 Sep 2017 

Sept 13 (Reuters) - Cadence Design Systems Inc :Cadence appoints John Wall as next Chief Financial Officer.Cadence Design Systems Inc - current Chief Financial Officer Geoff Ribar to remain with Cadence as senior advisor through March 2018​.  Full Article

Cadence Design Systems Q2 profit $0.25/shr
Monday, 24 Jul 2017 

July 24 (Reuters) - Cadence Design Systems Inc :Cadence reports second quarter 2017 financial results.Sees FY 2017 GAAP earnings per share $0.98 to $1.04.Sees Q3 GAAP earnings per share $0.24 to $0.26.Q2 gaap earnings per share $0.25.Sees Q3 2017 revenue $475 million to $485 million.Sees FY 2017 revenue $1.91 billion to $1.95 billion.Q2 revenue $479 million versus I/B/E/S view $476.2 million.Q2 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.Sees FY 2017 non-GAAP earnings per share $1.36 to $1.42.Q2 non-GAAP earnings per share $0.34.FY2017 earnings per share view $1.38, revenue view $1.93 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.35, revenue view $481.9 million -- Thomson Reuters I/B/E/S.  Full Article

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Tech in driver's seat as S&P 500 flirts with record

SAN FRANCISCO Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and Xerox Corp among the top performers since last December's sell-off that stirred fear of an end to a decade-long bull market.