By Ed Sperling
Cadence’s Q2 revenue increased 11% to $362 million compared to $326 million in the same period in 2012. On a GAAP basis, net income dropped to $9 million compared with $36 million in 2012, but that decrease was impacted by the cost of recent acquisitions and integration of companies. On a non-GAAP basis, income was $61 million compared with $53 million in Q2 2012.
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