(USD) | Sep 2023 | Q/Q |
---|---|---|
Revenue | 1B | +5% |
Operating Income | 292.9MM | -2% |
Operating Expenses | 730.2MM | - |
Net Income | 254.3MM | +15% |
G&A | 58.6MM | +7% |
Marketing | 176.2MM | +5% |
Amortization | 4.6MM | +7% |
Interest Expense | 9.1MM | +2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Last week, you might have seen that Cadence Design Systems, Inc. ( NASDAQ:CDNS ) released its quarterly result to the...
Evaluate Cadence's (CDNS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Increasing design activity and opportunities from rapid AI proliferation bode well for Cadence (CDNS). However, competition and significant exposure to the semiconductor vertical is a concern.
Unraveling the Financial and Strategic Position of CDNS Amidst a Dynamic Market
According to the average brokerage recommendation (ABR), one should invest in Cadence (CDNS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Q2 2024 Cadence Design Systems Inc Earnings Call
Let's talk about the popular Cadence Design Systems, Inc. ( NASDAQ:CDNS ). The company's shares saw significant share...
(Updated - July 23, 2024 11:33 AM EDT)
Cadence's (CDNS) second-quarter performance benefits from robust customer demand amid increasing design activity.
Cadence (CDNS) delivered earnings and revenue surprises of 4.07% and 1.17%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?