From Nasdaq: 2025-02-18 17:29:32

Cadence Design Systems (NASDAQ:CDNS) exceeded Q4 2024 earnings expectations with adjusted EPS of $1.88 and revenue of $1.36 billion, but offered soft 2025 guidance. Revenue surged by 27% YoY, with operating margins improving. The company faces challenges in China but benefits from strategic partnerships and AI solutions like Cerebrus and Verisium SimAI.

Cadence Design Systems leads the electronic system design sector, offering innovative solutions for integrated circuits and systems. Its focus on technological advancement and diverse customer base drives growth. Revenue growth in Q4 2024 was supported by strong demand in core segments, with operating margins and backlog reaching record levels.

Looking ahead, Cadence’s 2025 revenue is projected between $5.14 billion and $5.22 billion, with non-GAAP EPS expected between $6.65 and $6.75. Strategic investments and expansion into high-growth markets like AI drive confidence in future growth. Investors should monitor cloud solutions, partnerships, and market dynamics for continued success in the electronic design sector.



Read more at Nasdaq: Cadence Systems: Q4 EPS Tops Forecast