Cadence Reports Record 2001 Results

1/22/2002 - Cadence Design Systems, Inc. (NYSE: CDN), the world's leading supplier of electronic design products and services, today announced fourth quarter revenue of $378 million and pro forma diluted earnings per share of $0.27. Product revenue grew 11 percent sequentially to $242 million in the fourth quarter. Cadence booked $119 million-41 percent-of its software products as subscription licenses during the quarter. Click here for the Consolidated Statements of Operations and Consolidated Balance Sheet.

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