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Cadence Design Systems (CDNS) Revenue Surges 15% to $4.09 Billion, Operating Margin Up

CDNS10-KFiling Date: 2/14/2024
Cadence Design Systems, Inc.
Description

What this story covers

Cadence Design Systems reported 15 percent revenue growth to 4 point 09 billion dollars in 2023, driven by strong demand across all product categories and regions. Operating margin improved to 31 percent. They maintain robust liquidity despite increased R and D and acquisition activity.

Story snapshot

CompanyCadence Design Systems, Inc.
TickerCDNS
VariantStandard detailed
Duration28:46
Filing type10-K
PeriodAnnual 2023
IndustryTechnology
Accession0000813672-24-000034

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