Cadence Reports Fourth Quarter and Fiscal Year 2024 Financial Results
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KeyBanc says buy 'any perceived weakness' in this stock
February 19, 2025 4:00 PM ESTKeyBanc Capital Markets told investors in a note Wednesday that it is a buyer on any perceived weakness in Cadence Design Systems (NASDAQ: CDNS) following the companys very strong Q4 backlog and what analysts see as a conservative 2025 revenue outlook.
Cadence reported a Q4 backlog of $6.8 billion, marking a record sequential expansion of $1.2 billion, the largest in... More
Cadence Design Systems (CDNS) Tops Q4 EPS by 6c, Beats on Revenue
February 18, 2025 4:03 PM ESTCadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $1.88, $0.06 better than the analyst estimate of $1.82. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.35 billion.
For earnings history and earnings-related data on Cadence Design Systems (CDNS) click here.
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