Cadence, Inc. Celebrates Grand Opening of Sturgeon Bay Facility

Cadence, Inc. announced unaudited results for the first six months of 2016 including a five percent increase in revenue compared to 2015 to $45.3 million. Earnings per share declined four percent over prior year to $1.52 per share. Earnings before interest, taxes, depreciation and amortization (EBITDA) was flat at $7.4 million.

“Q2 of 2016 was a bit softer than Q1 with revenue down three percent compared to Q1,” said Ken Cleveland, CFO. “Earnings growth continues to lag revenue growth as we continue to invest in a number of our facilities for future growth.”

Cadence, Inc. recently moved into a new facility at the Sturgeon Bay Industrial Park at 1425 S. Neenah Ave., Sturgeon Bay.


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