Cadence Announces First Quarter 2023 Financial Results Webcast

Rhea-AI Summary

Cadence Design Systems (NASDAQ: CDNS) is set to announce its first quarter 2023 financial results on April 24, 2023. The conference will be led by Dr. Anirudh Devgan, CEO, and John Wall, CFO, starting at 2:00 PM Pacific Time. An archive will be accessible from 5:00 PM Pacific Time on the same day until June 16, 2023. This webcast aims to provide investors and analysts insights into the company's financial performance and strategic direction. Cadence, recognized as one of Fortune's 100 Best Companies to Work For for nine consecutive years, specializes in electronic systems design, leveraging over 30 years of expertise. The company delivers innovative solutions across various sectors including automotive, healthcare, and 5G communications.

Positive

• Scheduled announcement of first quarter 2023 financial results could indicate solid performance.
• Recognition as one of Fortune's 100 Best Companies to Work For may enhance company reputation.

Negative

• None.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its first quarter 2023 financial results webcast on Monday, April 24, 2023.

Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer.

The webcast will begin Monday, April 24, 2023 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on April 24, 2023 until 5:00 p.m. Pacific Time on Friday, June 16, 2023 at cadence.com/cadence/investor_relations.

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For nine years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2023 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Category: Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20230407005034/en/

Cadence Investor Relations

408-944-7100

investor_relations@cadence.com

Source: Cadence Design Systems, Inc.

FAQ

When will Cadence Design Systems announce its first quarter 2023 financial results?

Cadence Design Systems will announce its first quarter 2023 financial results on April 24, 2023.

Who will participate in the Cadence financial results webcast?

Dr. Anirudh Devgan, CEO, and John Wall, CFO will participate in the webcast.

What time does the Cadence Design Systems webcast start?

The webcast will begin at 2:00 PM Pacific Time on April 24, 2023.

Where can I find the archived financial results webcast for Cadence?

The archived webcast will be available on cadence.com from 5:00 PM Pacific Time on April 24, 2023, until 5:00 PM Pacific Time on June 16, 2023.

What sectors does Cadence Design Systems operate in?

Cadence operates in sectors such as automotive, healthcare, hyperscale computing, and 5G communications.