01—Abstract
Summary
Summary of the 8-K filed January 31, 2007. Cited figures are marked; the original filing is the authoritative source.
Cadence Design Systems, Inc. (CDNS) filed an 8-K on January 31, 2007, to announce its financial results for the fourth quarter and fiscal year ended December 30, 2006.
The report primarily serves to incorporate by reference a press release, Exhibit 99.1, which contains the detailed financial performance for the period. Investors should refer to this press release for specific figures related to revenue, profitability, and other key financial metrics. The filing itself is procedural, confirming the public dissemination of the company's financial performance data.
While the 8-K does not provide the financial numbers directly, its purpose is to formally present the results that were announced via the press release. For a comprehensive understanding of Cadence's performance and financial condition as of the end of 2006, investors must consult the referenced press release.
02—Key points
Key Highlights
- Cadence Design Systems, Inc. (CDNS) released its Q4 and full-year 2006 financial results on January 31, 2007.
- The 8-K filing's primary purpose is to announce the results of operations and financial condition.
- Detailed financial results are contained in an attached press release, Exhibit 99.1.
- The press release is incorporated by reference into the 8-K filing.
- The filing confirms the public dissemination of financial performance for the period ending December 30, 2006.
- The report includes a signature from William Porter, Executive Vice President and Chief Financial Officer.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to formally announce and report Cadence Design Systems, Inc.'s financial results for the fourth quarter and the full fiscal year ended December 30, 2006, by incorporating a press release that contains these details.
Where can I find the actual financial results for Q4 and FY 2006?
The actual financial results are not detailed within the 8-K form itself. They are provided in Exhibit 99.1, which is a press release issued by Cadence Design Systems, Inc. on January 31, 2007, and is incorporated by reference in this filing.
Who signed this 8-K filing on behalf of Cadence?
The 8-K filing was signed by William Porter, Executive Vice President and Chief Financial Officer of Cadence Design Systems, Inc.
What financial period does this report cover?
This report covers the financial results for the fourth quarter and the full fiscal year of 2006, which ended on December 30, 2006.
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