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Product category: Design and Development Software
News Release from: Cadence Design Systems
Edited by the Electronicstalk Editorial Team on 31 July 2006

Cadence reports Q2 revenue up 12%

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Cadence Design Systems has reported second quarter 2006 revenue of $359 million, an increase of 12 percent over the $321 million reported for the same period in 2005.

Cadence Design Systems today reported second quarter 2006 revenue of $359 million, an increase of 12 percent over the $321 million reported for the same period in 2005 On a GAAP basis, Cadence recognised net income of $30 million, or $0.10 per share on a diluted basis, in the second quarter of 2006, compared to $0.5 million, or $0.00 per share on a diluted basis, in the same period in 2005