CDNS
Cadence Surpasses Expectations with 13.5% Revenue Growth and Record $6.8 Billion Backlog in Fiscal Year 2024
Cadence, the leading provider of electronic design automation (EDA), artificial intelligence (AI), and semiconductor intellectual property (IP) solutions, has announced exceptional results in its fourth quarter of fiscal year 2024. The company reported a 13.5% revenue growth for the year, with a record backlog of $6.8 billion, solidifying