Do you know the U.S. stock Cadence Design Systems (ticker symbol: CDNS)?
It is a U.S. semiconductor development software company.
This time, I would like to introduce the company’s financial results for the period from January to March 2021, which were announced on April 26, 2021.
January to March 2021
EPS is 83¢ vs. 74¢ expected.
Net sales: $736 million vs. forecast of $718 million.
Sales growth was +19.1% YoY.
Operating cash flow was $208 million. Cash flow from operations was $208 million, compared to $218 million in the same period last year.
The Americas accounted for 46% of sales, China 12%, Other Asia 18%, Europe, Middle East and Africa 18%, and Japan 6%.