Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the second quarter of 2020.
Cadence reported second quarter 2020 revenue of $638 million, compared to revenue of $580 million reported for the same period in 2019. On a GAAP basis, Cadence achieved operating margin of 24 percent and recognized net income of $131 million, or $0.47 per share on...