Cadence achieved a solid result and managed to exceed analyst expectations in terms of revenues as well as earnings. The company saw a 19% increase in revenue as its cutting-edge solutions proved to be particularly pertinent in the current climate, enabling customers to accomplish their increasingly dynamic design objectives. Despite continuous macroeconomic instability, businesses continue investing heavily in their next-generation offerings, stimulating active design work. Cadence has signific ....

22 Feb 2023
Cadence Design Systems, Inc.: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (02/23)

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Cadence Design Systems, Inc.: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (02/23)
- Published:
22 Feb 2023 -
Author:
Ishan Majumdar -
Pages:
27 -
Cadence achieved a solid result and managed to exceed analyst expectations in terms of revenues as well as earnings. The company saw a 19% increase in revenue as its cutting-edge solutions proved to be particularly pertinent in the current climate, enabling customers to accomplish their increasingly dynamic design objectives. Despite continuous macroeconomic instability, businesses continue investing heavily in their next-generation offerings, stimulating active design work. Cadence has signific ....