Earnings
Cadence's Recurring Revenue Grew 18% Versus 20% A Quarter Ago, And Analysts Asked About Agentic AI
Executives pointed to 11% recurring growth a year ago and said agentic AI is lifting use of Cadence's core design tools.
Cadence Design Systems (CDNS) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Executives pointed to 11% recurring growth a year ago and said agentic AI is lifting use of Cadence's core design tools.
Earnings
The chip-design software maker also added $2.5 billion to its buyback authorization and guided fourth-quarter revenue to $1.695 billion to $1.725 billion.