Cadence Design Systems Inc (FRA:CDS)

€ 266.4 4.65 (1.78%) Market Cap: 72.57 Bil Enterprise Value: 72.24 Bil PE Ratio: 74.86 PB Ratio: 21.93 GF Score: 94/100

Cadence Design Systems Inc at KeyBanc Capital Markets Tech Leadership Forum Transcript

Aug 13, 2019 / 08:30PM GMT

Release Date Price: €35.04

Transcript

Jason Vincent Celino

KeyBanc Capital Markets Inc., Research Division - Associate

Okay. I think we'll go ahead and get started here. Welcome and thank you for coming. We've got Cadence Nimish Modi SVP. We can just start with a brief introduction to Cadence. Can you just maybe talk about what Cadence does, a quick overview?

Nimish H. Modi

Cadence Design Systems, Inc. - SVP of Marketing & Business Development

Sure. So before I begin, I need to mention the safe harbor statement. Today's discussion will contain forward-looking statements, and will make use of certain non-GAAP financial measures. Please see our most recent 10-K, 10-Q and website for a discussion of risk factors and our use of non-GAAP financial measures.

So Cadence, we provide EDA tools, IP and design services to semiconductor companies and systems companies, and our strategy is the -- what we call the Intelligent System Design strategy. The foundational aspect of the strategy is design excellence, which is comprising of our core EDA and IP products. And recently, we've indicated our

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