Detament software designing software rhythm annual profit is less than estimates.

(Reuters) – The rhythm design systems expected their annual revenues and profit without analysts on Tuesday, in a sign of the nice demand for chips design programs where customers are tightening spending in a difficult economy.

The shares of San Jose, based in California, fell 5 % in extended trading.

The company, which is the company ARM Holdings Pritish Designer Arm, and NVIDIA and Raker-Heachice Tesla among its customers, designs everything from chips to jet engines. It also sells computing systems designed to operate this complex program.

BERENBERG analysts said that the demand budgets and customers of Cadney design products will be kept silent during the year 2025 due to the constant shrinkage of the industry in the Automotive End Market.

China represents a material part of the rhythm. They said in a note in January that the restrictions imposed by the United States government on semiconductor sales to Chinese entities can reduce their work from the country useful.

The market share in the highly concentrated industry has also been threatened by the proposed acquisition of the competing Synopsys company for the ANSYS software in a cash and ridicule of $ 35 billion.

The company expects its financial revenues to range from 2025 between 5.14 billion dollars and 5.22 billion dollars, compared to the average estimate of analysts of $ 5.25 billion, according to the data collected by LSEG.

Cadence expects its annual profit, with the exception of the elements, in the range of $ 6.65 to $ 6.75 per share, also less than $ 6.83 per share.

Its revenues amounted to $ 1.36 billion for the quarter ending December 31, an increase of 26.8 % over the previous year.

With the exception of the elements, the company received $ 1.88 per share in the fourth quarter, compared to an estimate of $ 1.82.

(Participated in the reports of Jobi Babu in Mexico City; edited by Shelby Magmdar)