Cadence Design Systems, Inc. (CDNS) ended last trading session with a change of -0.07 percent. It trades at an average volume of 1.95M shares versus 1.56M shares recorded at the end of last trading session. The share price of $29.53 is at a distance of 48.09 percent from its 52-week low and down -0.54 percent versus its peak. The company has a market cap of $8.47B and currently has 286.91M shares outstanding. The share price is currently 9.46 percent versus its SMA20, 12.62 percent versus its SMA50, and 16.93 percent versus its SMA200. The stock has a weekly performance of 1.37 percent and is 17.09 percent year-to-date as of the recent close.
Feb. 10, 2017 — Lip-Bu Tan, president and chief executive officer, Cadence Design Systems, Inc. (CDNS) Lip-Bu Tan, president and chief executive officer, will speak at the Morgan Stanley Technology, Media & Telecom Conference at the Palace Hotel in San Francisco. Mr. Tan will participate in a fireside chat moderated by Mark Edelstone of Morgan Stanley.
Mr. Tan’s address will be available live via on-demand webcast at 10:30 a.m. PST on Thursday, Mar. 2, 2017. The presentation will be archived on the Cadence website and available for replay through 5 p.m. PDT on Friday March 17, 2017.
Integrated Device Technology, Inc. (IDTI) recently recorded 0.69 percent change and currently at $24.9 is 53.51 percent away from its 52-week low and down -6.6 percent versus its peak. It has a past 5-day performance of -1.19 percent and trades at an average volume of 1.78M shares. The stock has a 1-month performance of -1.43 percent and is 5.69 percent year-to-date as of the recent close. There were about 132.51M shares outstanding which made its market cap $3.3B. The share price is currently -0.95 percent versus its SMA20, 1.19 percent versus its SMA50, and 12.12 percent versus its SMA200.
On January 31, 2017 Integrated Device Technology, Inc. (IDTI) announced results for the fiscal third quarter 2017, ended January 1, 2017.
“Third quarter fiscal 2017 revenue totaled $176.4 million, slightly better than the midpoint of our prior guidance range, on strength in sensing solutions sold into our Consumer end market,” commented Gregory Waters, president and chief executive officer. “We have increasing momentum in multiple new growth areas, particularly automotive, industrial, and sensors, that will drive future growth. Additionally, we remain disciplined in managing our operating model, delivering best-in-class profitability and earnings leverage,” concluded Mr. Waters.