8-KEarnings & ResultsExhibits & Filings

CADENCE DESIGN SYSTEMS INC 8-K Report, Financial Results (Feb 22, 2021)

Filed February 22, 2021For Securities:CDNS

Summary

Cadence Design Systems, Inc. (CDNS) filed an 8-K on February 22, 2021, to announce its financial results for the fourth quarter and full fiscal year ended January 2, 2021. This filing primarily serves to incorporate by reference the press release and CFO commentary detailing these results. Investors should refer to the attached Exhibits 99.01 and 99.02 for the specific financial performance and management's perspective on the company's operations during the reported period. The 8-K itself does not contain the detailed financial figures or operational insights but directs investors to the supplementary materials. The purpose of this filing is to formally disclose the release of this information to the market, adhering to SEC regulations for timely reporting of significant corporate events such as earnings announcements.

Key Highlights

  • 1Cadence Design Systems, Inc. announced financial results for Q4 and FY ended January 2, 2021.
  • 2The announcement was made via a press release filed as Exhibit 99.01.
  • 3Additional commentary from the CFO regarding the financial results is provided as Exhibit 99.02.
  • 4The 8-K filing incorporates these exhibits by reference, making them official disclosures.
  • 5Investors are directed to the press release and CFO commentary for detailed financial performance information.
  • 6The filing occurred on February 22, 2021, reflecting the earnings release date.

Frequently Asked Questions

The 8-K filing itself does not contain the specific financial results. Investors need to refer to Exhibit 99.01 (Press Release) and Exhibit 99.02 (CFO Commentary) which are incorporated by reference in the filing for detailed information on Cadence's financial performance for the quarter and fiscal year ended January 2, 2021.

Cadence announced its financial results for the quarter and fiscal year ended January 2, 2021, on February 22, 2021. This 8-K filing was also made on the same date.

The detailed financial data and the Chief Financial Officer's commentary on Cadence's results for the period are provided in Exhibit 99.01 (Press Release) and Exhibit 99.02 (CFO Commentary) attached to this 8-K filing. These documents are incorporated by reference and contain the specific operational and financial insights.