Cadence reports profit decline, revenue increase in 1Q

CRANSTON – Cadence Inc. reported a nearly 7 percent decline in net income from continuing operations, but a 2.7 percent increase in sales in the first quarter, the company said Tuesday. Net income from continuing operations totaled $1.9 million in the first quarter, or $1.14 per share, compared with net income of $2.1 million, or…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -