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January 27, 1997updated 05 Sep 2016 12:12pm


By CBR Staff Writer

Cadence Design Systems Inc saw fourth quarter net losses at $57.8m, including an acquisition-related charge of $100.5m, against profits of $30.8m last time, on turnover up 29.6% at $212.3m; net profits for the year to December 28 were down 70.2% at $29.0m, including the above charge, on turnover that rose 35.2% to $741.5m. Net earnings per share dropped 69.5% to $0.32 in the twelve months.

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