![CADENCE DESIGN SYSTEMS INC [CDNS] posts $848.95M profit as revenue rises 19.19% to $3,561.72M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FCDNS.png&w=3840&q=75)
CADENCE DESIGN SYSTEMS INC [CDNS] posts $848.95M profit as revenue rises 19.19% to $3,561.72M
By USInMinutes
Published - Feb 19, 2023, 02:28 AM ET
Last Updated - Feb 20, 2023, 08:32 AM EST
| Net Sales: | $3,561.72M |
CADENCE DESIGN SYSTEMS INC [CDNS] posted a profit of $848.95M, marking a rise of 21.98% for this year.
Revenue rose to $3,561.72M this year compared to $2,988.24M in the previous year.
According to the latest annual report the company has filed with the SEC, current earnings were $848.95M, up 21.98% from $695.96M.
The company’s net sales for the period were $3,561.72M, up 19.19%. Net sales in the previous year were $2,988.24M.
