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Product category: Design and Development Software
News Release from: Cadence Design Systems
Edited by the Electronicstalk Editorial Team on 05 February 2007

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Cadence Design Systems has reported fourth quarter 2006 revenue of US $431 million, an increase of 14% over the $378 million reported for the same period in 2005.

Cadence Design Systems has reported fourth quarter 2006 revenue of US $431 million, an increase of 14% over the $378 million reported for the same period in 2005 On a GAAP basis, Cadence recognised net income of $48 million, or $0.16 per share on a diluted basis, in the fourth quarter of 2006, compared with $27 million, or $0.08 per share on a diluted basis, in the same period in 2005