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CDNS

Cadence Design Systems, Inc.

$191.86

Earnings Summary

Revenue
$857.52Mn
Net Profits
$186.92Mn
Net Profit Margins
21.8%
PE Ratio
67.35

Highlights

Revenue:

Cadence Design Systems, Inc.’s revenue jumped 17.75% since last year same period to $857.52Mn in the Q2 2022. On a quarterly growth basis, Cadence Design Systems, Inc. has generated -4.91% fall in its revenue since last 3-months.

Net Profits:

Cadence Design Systems, Inc.’s net profit jumped 19.9% since last year same period to $186.92Mn in the Q2 2022. On a quarterly growth basis, Cadence Design Systems, Inc. has generated -20.57% fall in its net profits since last 3-months.

Net Profit Margins:

Cadence Design Systems, Inc.’s net profit margin jumped 1.83% since last year same period to 21.8% in the Q2 2022. On a quarterly growth basis, Cadence Design Systems, Inc. has generated -16.47% fall in its net profit margins since last 3-months.

PE Ratio:

Cadence Design Systems, Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 67.35.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cadence Design Systems, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.96
EPS Estimate Current Year
0.96

Highlights

EPS Estimate Current Quarter:

Cadence Design Systems, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.96 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Cadence Design Systems, Inc.’s earning per share (EPS) estimates for the current year stand at 0.96.

Key Ratios

Key ratios of the Cadence Design Systems, Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
1.08
Return on Assets (ROA)
0.15
Return on Equity (ROE)
0.3
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Cadence Design Systems, Inc.’s earning per share (EPS) jumped 25.58% since last year same period to 1.08 in the Q2 2022. This indicates that the Cadence Design Systems, Inc. has generated 25.58% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cadence Design Systems, Inc.’s return on assets (ROA) stands at 0.15.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cadence Design Systems, Inc.’s return on equity (ROE) stands at 0.3.

Dividend Per Share (DPS):

Cadence Design Systems, Inc. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-25
0.96
1.08
12.5%
2022-04-25
1.02
1.17
14.71%

Company Information

Cadence Design Systems Inc. is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world's most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For six years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For.

Organisation
Cadence Design Systems, Inc.
Headquarters
San Jose, California, United States
Employees
8.8K
Industry
Electronic Technology
CEO
Lip-Bu Tan