Earnings Summary

Cadence Design Systems Inc.’s revenue fell -1.23% since last year same period to $1009.1Mn in the Q1 2024. On a quarterly growth basis, Cadence Design Systems Inc. has generated -5.57% fall in its revenue since last 3-months.

Cadence Design Systems Inc.’s net profit jumped 2.41% since last year same period to $247.64Mn in the Q1 2024. On a quarterly growth basis, Cadence Design Systems Inc. has generated -23.54% fall in its net profits since last 3-months.

Cadence Design Systems Inc.’s net profit margin jumped 3.69% since last year same period to 24.54% in the Q1 2024. On a quarterly growth basis, Cadence Design Systems Inc. has generated -19.03% fall in its net profit margins since last 3-months.

Cadence Design Systems Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 69.

Cadence Design Systems Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.43 - a 17.21% jump from last quarter’s estimates.

Cadence Design Systems Inc.’s earning per share (EPS) estimates for the current year stand at 1.43.

Cadence Design Systems Inc.’s earning per share (EPS) jumped 4.92% since last year same period to 1.28 in the Q2 2024. This indicates that the Cadence Design Systems Inc. has generated 4.92% annual rate of jump in its earning per share (EPS) in the last 4 quarters.