Edition:
United Kingdom

Cadence Design Systems Inc (CDNS.OQ)

CDNS.OQ on NASDAQ Stock Exchange Global Select Market

41.80USD
18 May 2018
Change (% chg)

$0.28 (+0.67%)
Prev Close
$41.52
Open
$41.45
Day's High
$41.89
Day's Low
$41.25
Volume
699,639
Avg. Vol
943,577
52-wk High
$46.00
52-wk Low
$32.07

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

Cadence Design Systems CEO Lip-Bu Tan's 2016 total compensation was $7.6 mln
Thursday, 23 Mar 2017 

Cadence Design Systems Inc - :CEO Lip-Bu Tan's fy 2016 total compensation was $7.6 million versus $5.9 million in fy 2015 - SEC filing.  Full Article

ASML announces partnership with Cadence
Tuesday, 28 Feb 2017 

ASML Holding NV :ASML extends holistic patterning strategy with Cadence partnership.  Full Article

Cadence Design Systems Inc says entered into a $350 mln 5 year senior unsecured revolving credit facility
Wednesday, 1 Feb 2017 

Cadence Design Systems Inc : Cadence Design Systems Inc- on January 30, 2017, co entered into a $350 million five-year senior unsecured revolving credit facility- sec filing . Cadence Design Systems - revolving credit facility replaces senior credit facility entered into on december 12, 2012, as amended on September 19, 2014 .Cadence Design Systems - credit agreement provides that cadence may increase amount of revolving commitments by up to $250 million, for total up to $600 million.  Full Article

Cadence reports Q4 and fiscal year 2016 financial results
Wednesday, 1 Feb 2017 

Cadence Design Systems Inc : Cadence reports fourth quarter and fiscal year 2016 financial results . Sees FY 2017 GAAP earnings per share $0.89 to $0.99 . Sees Q1 GAAP earnings per share $0.19 to $0.21 . Q4 GAAP earnings per share $0.14 . Sees Q1 2017 revenue $470 million to $480 million . Sees FY 2017 revenue $1.9 billion to $1.95 billion . Q4 revenue $469 million versus I/B/E/S view $468.8 million . Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Sees FY 2017 non-GAAP earnings per share $1.32 to $1.42 . Q4 non-GAAP earnings per share $0.34 . Cadence Design Systems Inc- For Q1 of 2017 net income per diluted share using non-GAAP is expected to be in range of $0.30 to $0.32 . Q1 earnings per share view $0.31, revenue view $465.4 million -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $1.35, revenue view $1.92 billion -- 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