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Cadence Design Systems(CDNS), 2024 Q4 earnings digest
$CDNS has released its Q4 2024 earnings, reporting an EPS of $1.88 and revenues of $1.36B, both exceeding expectations.📈 With a Y/Y revenue growth of 26.89%, Cadence is capitalizing on the AI-driven semiconductor demand, but faces potential headwinds in China, which is projected to have flat revenues for 2025 due to export control concerns.💼
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By ValueVerge$CDNS has released its Q4 2024 earnings, reporting an EPS of $1.88 and revenues of $1.36B, both exceeding expectations.📈 With a Y/Y revenue growth of 26.89%, Cadence is capitalizing on the AI-driven semiconductor demand, but faces potential headwinds in China, which is projected to have flat revenues for 2025 due to export control concerns.💼