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Cadence announced their 2Q results this afternoon. I listened to the conference call.
You can read all the details of the results in the press release but the big picture is:
- Revenue $379K, net income $23M GAAP or $64M non-GAAP (8, 21c per share, beat estimates by 1c). Equivalent quarter last year was $362M so less than 5% increase)
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Well, Sweden is not noted for its carnivals, Brazil is not noted for it’s tall blonde blue-eyed women, Sweden’s climate is not great for growing sugar cane and Brazil’s isn’t great for reindeer. Both countries speak languages with odd-sounding vowels but they are not the same language. But, ding, Jasper… Read More
