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Product category: Design and Development Software
News Release from: Cadence Design Systems
Edited by the Electronicstalk Editorial Team on 03 February 2006

Cadence maintains steady progress

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Cadence Design Systems has reported fourth quarter 2005 revenue of $378 million, an increase of 10% over the $343 million reported for the same period in 2004.

Cadence Design Systems has reported fourth quarter 2005 revenue of $378 million, an increase of 10% over the $343 million reported for the same period in 2004 On a GAAP basis, Cadence recognised net income of $27 million, or $0.08 per share, in the fourth quarter of 2005, compared with $60 million, or $0.20 per share, in the same period in 2004