Cadence Design Systems Files 2024 10-K
Ticker: CDNS · Form: 10-K · Filed: Feb 21, 2025 · CIK: 813672
| Field | Detail |
|---|---|
| Company | Cadence Design Systems Inc (CDNS) |
| Form Type | 10-K |
| Filed Date | Feb 21, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, software
TL;DR
Cadence Design Systems filed its 2024 10-K, detailing FY24 financials. Check product & maintenance revenue for trends.
AI Summary
Cadence Design Systems Inc. filed its 2024 10-K on February 21, 2025, reporting its fiscal year ended December 31, 2024. The filing details the company's financial performance and business operations. Key financial data and segment information, such as Product and Maintenance revenue, are presented for the fiscal years 2024, 2023, and 2022.
Why It Matters
This 10-K filing provides investors and analysts with a comprehensive overview of Cadence Design Systems' financial health and strategic direction for the fiscal year 2024, enabling informed investment decisions.
Risk Assessment
Risk Level: low — This is a standard annual report filing with no immediate red flags or unusual disclosures.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 10-K)
- 2023 — Fiscal Year (Comparative period)
- 2022 — Fiscal Year (Comparative period)
Key Players & Entities
- CADENCE DESIGN SYSTEMS INC (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 2025-02-21 (date) — Filing Date
- 4089431234 (phone_number) — Business Phone
- ECAD INC /DE/ (company) — Former Company Name
FAQ
What was Cadence Design Systems' total revenue for the fiscal year ended December 31, 2024?
The provided text does not contain specific total revenue figures for the fiscal year ended December 31, 2024. It indicates the reporting period and comparative years.
What is the company's primary business segment as indicated in the filing?
The filing indicates 'Product and maintenance' as a key segment (cdns:ProductandmaintenanceMember).
When was Cadence Design Systems incorporated?
The company was incorporated in Delaware (DE).
What is the Standard Industrial Classification (SIC) code for Cadence Design Systems?
The SIC code is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
What is the filing date of this 10-K report?
This 10-K report was filed on February 21, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 21, 2025 regarding CADENCE DESIGN SYSTEMS INC (CDNS).