CADENCE DESIGN SYSTEMS, INC. (NASDAQ:CDNS) Files An 8-K Results of Operations and Financial Condition

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CADENCE DESIGN SYSTEMS, INC. (NASDAQ:CDNS) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

On July 24, 2017, Cadence Design Systems, Inc. ("Cadence") issued a press release announcing its financial results for the quarter ended July 1, 2017.

A copy of the press release is attached hereto as Exhibit 99.01 and a copy of the commentary by the Chief Financial Officer of Cadence regarding Cadence's financial results for the quarter ended July 1, 2017 is attached hereto as Exhibit 99.02, and the press release and the commentary are incorporated herein by reference.

Item 2.02. Financial Statements and Exhibits.

Exhibit No.

Description

99.01

Press Release issued by Cadence Design Systems, Inc. on July 24, 2017.

99.02

CFO Commentary on Results of Quarter Ended July 1, 2017.


CADENCE DESIGN SYSTEMS INC Exhibit
EX-99.01 2 cdns7242017ex9901.htm PRESS RELEASE Exhibit Exhibit 99.01Cadence Reports Second Quarter 2017 Financial ResultsSAN JOSE,…
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About CADENCE DESIGN SYSTEMS, INC. (NASDAQ:CDNS)

Cadence Design Systems, Inc. (Cadence) develops system design enablement (SDE) solutions that are used to design whole electronics systems and integrated circuits (ICs) and electronic devices. The Company’s SDE product offerings include electronic design automation (EDA), software, emulation and prototyping hardware, and two categories of intellectual property (IP): verification IP (VIP) and design IP. The Company provides maintenance for its software, emulation hardware and IP product offerings. The Company offers products and technologies for Functional Verification, including Emulation and Prototyping Hardware; Digital IC Design and Signoff; Custom IC Design; System Interconnect and Analysis, and IP. It offers products and services to electronics systems and semiconductor companies, Internet service providers and other technology companies that deliver a range of electronics products in market segments, such as mobile and consumer devices, communications and personal computers.