Cadence Design Systems Inc (NAS:CDNS)

$ 292.5 -6.5 (-2.17%) Market Cap: 80.22 Bil Enterprise Value: 80.26 Bil PE Ratio: 76.77 PB Ratio: 17.58 GF Score: 97/100

Q1 2022 Cadence Design Systems Inc Earnings Call Transcript

Apr 25, 2022 / 09:00PM GMT

Release Date Price: $151.1 (+2.05%)

Transcript 10-Q8-K

Operator

Good afternoon. My name is Erica, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cadence First Quarter 2022 Earnings Conference Call. (Operator Instructions)

I will now turn the call over to Richard Gu, Vice President of Investor Relations for Cadence. Please go ahead.

Richard Gu

Thank you, operator. I would like to welcome everyone to our first quarter of fiscal year 2022 earnings conference call. I'm joined today by Anirudh Devgan, President and Chief Executive Officer; and John Wall, Senior Vice President and Chief Financial Officer. The webcast of this call and a copy of today's prepared remarks will be available on our website, cadence.com.

Today's discussion will contain forward-looking statements, including our outlook on future business and operating results. Due to risks and uncertainties, actual results may differ materially from those projected or implied in today's discussion. For information on factors that could cause actual results to differ, please refer to our SEC filings,

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