Semiconductor Stock Giant Beats on EPS, Faces Large Backlog

Cadence Design Systems Today M CDNS Cadence Design Systems $282.99 -4.09 (-1.42$217.77 P/E Ratio 73.70 Price Target $334.56 Add to Watchlist Cadence Design Systems NASDAQ: CDNS is a software company that makes programs essential to semiconductor design. The firm announced Q2 2024 earnings on July 22, 2024. Let's break down Cadence's operations and products to get a better understanding of the business. We'll then review the earnings report. We'll finish off with what to look out for next ab ...