Cadence Design Systems Earnings Preview: What to Expect

Valued at $96.3 billion by market cap, San Jose, California-based Cadence Design Systems, Inc. (CDNS) is a global provider of software services. Its offerings include functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The tech giant is set to release its third-quarter results after the market closes on Monday, Oct. 27. Ahead o ...