Silicon AnalyticaCadence Design Systems
Q1 2024 · Reported- Revenue
- $1.0B
- ▼ −1.2% y/y▼ −5.6% q/q
- Net income
- $248M
- ▲ +2.4% y/y▼ −23.5% q/q
- Gross margin
- 87.6%
- −0.2 pp y/y−2.7 pp q/q
Earnings · Quarter
Cadence Design Systems Q1 2024 earnings: revenue, margins and segments
Q1 2024 (Jan–Mar 2024) · Reported
Summary
Revenue fell 1.2% from a year earlier to $1.0B.
Compared with the previous quarter, revenue fell 5.6%.
Net income rose 2.4% to $248M.
Gross margin was 87.6%, down 0.2 percentage points from a year earlier.
Built from the stored figures above; Reported values are as filed, Calculated values are Silicon Analytica arithmetic from those filings. Percentages and margins are never converted to US$; ≈US$ amounts are approximate.
Revenue mix, Q1 2024
— No segment or regional split is stored for this quarter; the company's filings for it have not been added at segment level. See the fiscal-year pages for the stored annual split.
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