Detail akcie Cadence Design online

Business Summary: Cadence Design Systems, Inc. is an electronic system designing company. The Company provides computational software, special-purpose computational hardware, intellectual property (IP) and services to multiple vertical sectors. The Company's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. The Company’s Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Cadence Design Systems Inc revenues increased 15% to $4.09B. Net income increased 23% to $1.04B. Revenues reflect Functional Verification, including hardware for emulation an segment increase of 19% to $1.1B, Custom IC Design and Simulation segment increase of 15% to $899.8M, China segment increase of 30% to $679.5M, Other Asia segment increase of 22% to $766.4M. Net income benefited from G/L on Invest. HFS.