Cadence Design Systems Inc (NAS:CDNS)

$ 288.8313 -0.0987 (-0.03%) Market Cap: 78.60 Bil Enterprise Value: 78.26 Bil PE Ratio: 75.22 PB Ratio: 22.03 GF Score: 94/100

Cadence Design Systems Inc at RBC Global Technology, Internet, Media and Telecommunications Conference (Virtual) Transcript

Nov 18, 2020 / 08:20PM GMT

Release Date Price: $111.03 (-2.16%)

Transcript

Mitchell Toshiro Steves

RBC Capital Markets, Research Division - Analyst

Okay. Welcome, everybody. Today, we have Cadence Design. We have John Wall, SVP and CFO; along with Nimish Modi, SVP, Marketing & Business Development.

So I think a lot of people are familiar with the story. It's been a very interesting story for the last decade or so. But before we jump into Q&A, I'd like to give a chance for them to just provide a quick overview of the business.

So I'll turn it over to Nimish.

Nimish H. Modi

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

Thanks, Mitch. Hello, everyone. Before I begin, let me -- 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 in terms of a high-level overview of Cadence, we are a technical software company, largely in the EDA space.

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