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Benzinga
Benzinga
Business
Benzinga Insights

Looking Into Cadence Design Systems's Return On Capital Employed

Cadence Design Systems Nasdaq

According to Benzinga Pro, during Q1, Cadence Design Systems (NASDAQ:CDNS) earned $235.34 million, a 33.27% increase from the preceding quarter. Cadence Design Systems also posted a total of $901.77 million in sales, a 16.65% increase since Q4. In Q4, Cadence Design Systems earned $176.58 million, and total sales reached $773.04 million.

Why Is ROCE Significant?

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