Cadence Design Systems, Inc. (NASDAQ:CDNS) 20th Annual Needham Technology, Media, & Consumer Conference May 12, 2025 1:30 PM ET
Company Participants
Nimish Modi – Senior Vice President & General Manager, Strategy and New Ventures
Richard Gu – Vice President of Investor Relations
Conference Call Participants
Charles Shi – Needham & Co
Charles Shi
Hi, everyone. Welcome to join us at the 20th Annual Needham Technology, Media and Consumer Conference.
On the virtual stage with me today are Nimish Modi and Senior Vice President and the General Managers for Strategy & New Ventures as well as Richard Gu, Vice President of Investor Relations from Cadence Design Systems.
Before we begin, some really a couple of housekeeping items. I’ll first read the following safe harbor statement on behalf of the Cadence team. Today’s discussion will contain forward looking statements, including Cadence outlook on future business and operating results. Due to risks and uncertainties, actual results may differ materially from those projected or implied in today’s discussion.
Next, since this is really a virtual fireside chat, please feel free to submit your questions in the Q&A box. We’ll have some time near the end of this session to allow our guests to address your pressing questions directly to Nimish or Richard. As usual, we’ll keep your questions anonymous.
All right. Nimish, really welcome back. Last year, you were here with me at the same conference, so that was the first time. I think we had — we’ve known each other for a little bit longer than that for sure, but welcome back. A lot has changed, over the past 12 months, right?
But it feels like Cadence hasn’t really changed much. I’m making it in a positive way. The business is still growing. The top line in low double digits. Your operating margin is still in the
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