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Shares of semiconductor design software maker Cadence Design Systems (NASDAQ: ... Cadence posted revenue growth of 9% to $1.06 billion, with adjusted earnings per share of $1.28, up just 1.2% ...
In the latest trading session, Cadence Design Systems (CDNS) closed at $147.97, marking a -0.05% move from the previous day.
Cadence blew its Q3 earnings estimates out of the water, and management forecast an even better Q4.
Cadence purchased Ambit Design Systems for $260 million, which made tools for system-on-a-chip technology, in 1998, [13] and OrCAD Systems in 1999. [14] After acquiring Quickturn Design in 1999, Cadence was described as a "white knight" for the act by the New York Times , as Quickturn had been subject to a hostile takeover by Cadence's rival ...
In this article we will take a look at whether hedge funds think Cadence Design Systems Inc (NASDAQ:CDNS) is a good investment right now. We check hedge fund and billionaire investor sentiment ...
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