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Cadence Reports First Quarter 2024 Financial Results
April 23, 2024
SAN JOSE, California, April 23 (TNSres) -- Cadence Design Systems, a provider of electronic design automation and semiconductor intellectual property, issued the following news release on April 22, 2024:

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the first quarter of 2024.

First Quarter 2024 Financial Results

* Revenue of $1.009 billion, compared to revenue of $1.022 billion in Q1 2023

* GAAP operating margin of 25% . . .

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