Cadence Design Systems Gives Investors the Latest News

A look at Cadence Design Systems' Q1 2024 earnings.Cadence Design Systems (CDNS -1.74%), a player in the computational software arena, released its Q1 2024 earnings on April 22. Revenue of $1.009 billion slightly surpassed analyst expectations, but was a marginal decline from$1.022 billion in the same quarter last year. Earnings per share (EPS) fell well short of the $1.34 forecast, coming in at$1.17, a decrease from $1.29 in the year-ago quarter. Despite these mixed results, the quarter's performance sho ...