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raises FY2026 guidance to ~17% growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $1.474B (up 19% YoY); GAAP EPS $1.23, Non-GAAP EPS $1.96; both above prior guidance.","Record backlog $8.0B; revenue expected to be recognized in next 12 months from RPO was $4.0B.","FY2026 revenue outlook raised to $6.125-6.225B (from $5.9-6.0B), now expecting ~17% YoY growth.","Launched AgentStack AI orchestration platform; Core EDA revenue up 18% YoY; IP revenue up 22% YoY.","Q2 2026 guidance: revenue $1.555-1.595B, Non-GAAP EPS $2.02-2.08; plans ~$200M share repurchase in Q2."],"consensus_eps_estimate":1.9363,"consensus_eps_actual":1.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":1474220000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114794,"accession_number":"0000813672-26-000019","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Cadence issues 3.22M shares to close acquisition of Hexagon design business","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Issued 3,224,473 shares of common stock to Hexagon Smart Solutions AB as partial consideration for the acquisition.","Acquisition of Hexagon's design and engineering business closed on February 23, 2026.","Shares issued in reliance on Section 4(a)(2) and Regulation S exemptions from registration.","Transaction was previously announced under an Equity Purchase Agreement dated September 4, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114793,"accession_number":"0000813672-26-000013","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence FY25 rev $5.30B (+14%), backlog record $7.8B; guides FY26 rev ~$5.95B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY25 revenue $5.297B (+14% YoY); non-GAAP EPS $7.14 (+20% YoY).","Q4 revenue $1.440B; non-GAAP EPS $1.99 vs $1.88 a year ago.","Backlog reached record $7.8B; ~$3.8B expected in next 12 months.","FY26 revenue guidance $5.9B-$6.0B; non-GAAP EPS guidance $8.05-$8.15.","Core EDA grew 13% in 2025; IP business grew nearly 25% YoY."],"consensus_eps_estimate":1.9513,"consensus_eps_actual":4.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":5296759000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131170,"accession_number":"0000813672-25-000157","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-11-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Cadence appoints imec CEO Luc Van den hove to board effective Jan 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointment effective Jan 1, 2026; Van den hove receives equity grant of $82,849 vesting by May 8, 2026 or annual meeting.","Van den hove has been imec CEO since 2009 and will continue through March 31, 2026, then become imec board chair.","Board chair ML Krakauer cited Van den hove's AI and semiconductor expertise as key to Cadence's strategy.","Van den hove holds a PhD in electrical engineering from KU Leuven and also serves as a director of Proximus plc.","Cash compensation consistent with other non-employee board members as described in 2025 proxy statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131169,"accession_number":"0000813672-25-000144","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence Q3 revenue $1.34B (+10% YoY), backlog record $7B; raises FY growth ~14%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $1.339B vs $1.215B in Q3 2024; GAAP EPS $1.05 (up from $0.87); non-GAAP EPS $1.93 (up from $1.64).","Record Q3 backlog of $7.0B; revenue expected in next 12 months from RPO was $3.5B.","FY 2025 revenue outlook raised to $5.262-$5.292B (~14% YoY growth); non-GAAP EPS raised to $7.02-$7.08.","Completed acquisition of Arm Artisan IP; signed agreement to acquire Hexagon's D&E business.","Q3 GAAP operating margin 31.8% vs 28.8% in Q3 2024; non-GAAP operating margin 47.6% vs 44.8%."],"consensus_eps_estimate":1.8232,"consensus_eps_actual":2.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":3856645000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147753,"accession_number":"0000813672-25-000126","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-09-04T23:59:59+00:00","items":["1.01","3.02"],"status":"ready","headline":"Cadence to acquire Hexagon design & engineering unit for €2.70B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Enterprise value of €2.70B; €1.89B in cash plus ~€810M in Cadence common stock.","Stock consideration based on 20-day VWAP of Cadence stock prior to close, converted to euro.","Closing expected in Q1 2026, subject to antitrust and foreign investment approvals.","Reverse termination fee of up to €175M payable if deal blocked by regulators.","Cash consideration to be funded from cash on hand and existing debt facilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147752,"accession_number":"0000813672-25-000109","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Cadence settles export control violations; pleads guilty to conspiracy, pays $140.6M","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Settlements with BIS and DOJ resolve violations from 2015-2021 involving $45.3M in sales to a China customer without authorization.","Cadence pleads guilty to one count of conspiracy; plea includes 3-year probation and enhanced compliance obligations.","Aggregate net penalties and forfeitures of $140.6M payable in fiscal Q3 2025.","BIS administrative settlement requires two annual internal export compliance audits as condition to export eligibility.","Plea agreement subject to court approval; Cadence says it has significantly enhanced compliance programs since conduct occurred."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147751,"accession_number":"0000813672-25-000108","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence Q2 revenue $1.275B (+20% YoY); raises FY 2025 revenue & non-GAAP EPS guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.59 (incl. $140.6M DOJ/BIS settlement charge); Non-GAAP EPS $1.65, above guidance.","FY 2025 revenue outlook raised to $5.21B-$5.27B; non-GAAP EPS raised to $6.85-$6.95.","Q2 Core EDA revenue +16% YoY, IP +25%, System Design +35% YoY.","Backlog $6.4B; cRPO $3.1B; operating cash flow $378M in Q2.","Q3 2025 outlook: revenue $1.305B-$1.335B; non-GAAP EPS $1.75-$1.81."],"consensus_eps_estimate":1.5856,"consensus_eps_actual":1.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":2517807000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147750,"accession_number":"0000813672-25-000093","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-07-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"BIS rescinds license requirement for Cadence EDA exports to China; access to be restored","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["BIS rescinded effective July 2, 2025, the license requirement for EDA software (ECCNs 3D991, 3E991) to China and Chinese military end users.","Cadence is restoring access for affected customers consistent with the updated U.S. export regulations.","The original May 23, 2025 license requirement has been fully rescinded without further conditions.","Removal of the restriction reduces geopolitical risk for Cadence's China revenue stream."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166438,"accession_number":"0000813672-25-000079","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"BIS requires Cadence license for EDA software exports to China or Chinese military end users","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["BIS informed Cadence on May 23, 2025 that license now required for ECCNs 3D991/3E991 exports when party is in China or Chinese military end user.","BIS determined these shipments pose unacceptable risk of diversion to military end use in China.","Cadence is engaging with BIS for clarification and assessing impact on business and financial results.","No specific financial impact quantified; company states robust design activity continues globally.","Forward-looking statements highlight risks including license delays, further trade restrictions, and customer impacts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166437,"accession_number":"0000813672-25-000061","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Cadence Design Systems board approves $1.5B share repurchase authorization","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved repurchase of up to $1.5B of common stock under existing program; no expiration date.","All ten director nominees elected with majority support; say-on-pay approved with ~87% for.","Stockholder proposal on political spending not approved: 121.7M against vs 98.1M for.","Repurchases may be made through open market, block trades, or Rule 10b5-1 plans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166436,"accession_number":"0000813672-25-000046","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence beats Q1 estimates, raises FY2025 outlook; 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the committee assignment is the only new disclosure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183871,"accession_number":"0000813672-25-000018","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K/A","filed_at":"2025-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence corrects Q1 2025 operating margin guidance in 8-K/A; GAAP 27-28%, non-GAAP 40-41%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Clerical error fixed: Q1 2025 GAAP op margin 27%-28% (not prior incorrect figure); 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GAAP EPS $0.81 vs $0.68 YoY; non-GAAP EPS $1.22 vs $1.08.","FY23 revenue guidance raised to $4.05-4.09B; non-GAAP EPS raised to $5.05-5.11 (19% YoY growth).","Q3 outlook: revenue $990M-1.01B, GAAP EPS $0.76-0.80, non-GAAP EPS $1.18-1.22.","Operating cash flow Q2 $414M; FY23 OCF guidance $1.3-1.4B; Q2 share repurchases $265M.","Backlog $5.3B; recurring revenue 85% of Q2 revenue; headcount 10,832."],"consensus_eps_estimate":null,"consensus_eps_actual":1.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":1998269000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308596,"accession_number":"0000813672-23-000035","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2023-06-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Cadence enters $200M accelerated share repurchase agreement with HSBC","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ASR agreement with HSBC Bank USA to repurchase $200M of common stock.","Cadence receives initial delivery of ~600,000 shares; balance settled in Q3 2023.","Final repurchase price based on daily VWAP during the term less a discount.","Buyback signals confidence in capital allocation and shareholder returns."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308595,"accession_number":"0000813672-23-000029","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Cadence stockholders approve omnibus equity plan amendment and elect directors at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 director nominees elected; votes include Anirudh Devgan (225M for), Ita Brennan (200M for).","Amendment to Omnibus Equity Incentive Plan approved; shares authorized increased by 6.5M (213.9M for, 12.2M against).","Say-on-pay advisory vote approved (201.2M for, 24.9M against); frequency set at 1 year (224.6M for 1 year).","Ratification of PricewaterhouseCoopers LLP as independent auditor for FY2023 approved (243.9M for).","Stockholder proposal to remove one-year holding period for special meetings rejected (211.7M against, 14.2M for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308594,"accession_number":"0000813672-23-000024","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2023-04-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence Q1 revenue $1.02B, beats; 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stays through March 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lip-Bu Tan notified the Board on Feb 8, 2023 he will not stand for re-election at the 2023 Annual Meeting.","He will continue as a non-officer employee until March 31, 2024 under the Tan Transition Agreement.","The Tan Transition Agreement was previously filed on Dec 17, 2021 as Exhibit 10.2 to Form 8-K/A."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327387,"accession_number":"0000813672-23-000010","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2023-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence FY2022 revenue $3.562B (+19% YoY), GAAP EPS $3.09; guides FY2023 rev $4.00-4.06B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2022 revenue $3.562B vs $2.988B in 2021 (+19% YoY); GAAP net income $849M ($3.09 diluted EPS).","Non-GAAP operating margin 40% vs 37% in 2021; Non-GAAP EPS $4.27, up 30% from $3.29.","Q4 revenue $900M, GAAP EPS $0.88, Non-GAAP EPS $0.96; operating cash flow $264M.","FY2023 guidance: revenue $4.00-4.06B, GAAP EPS $3.24-3.34, Non-GAAP EPS $4.90-5.00.","Backlog grew to $5.8B from $4.4B; share repurchases $1.050B in 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":3.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":3561718000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345099,"accession_number":"0000813672-22-000053","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-10-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence Q3 revenue $903M (+20% YoY); GAAP EPS $0.68, non-GAAP EPS $1.06; raises FY22 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 GAAP net income $186M ($0.68 diluted EPS) vs $176M ($0.63) YoY; non-GAAP net income $290M ($1.06).","Q3 revenue $903M vs $751M YoY; GAAP operating margin 29%, non-GAAP 39%.","FY22 revenue guidance raised to $3.532-3.552B; non-GAAP EPS raised to $4.20-4.24.","OpenEye acquisition closed Aug 31; FY22 outlook includes latest China export controls.","Expects $300M share repurchase in Q4; operating cash flow YTD $979M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":2661841000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361571,"accession_number":"0000813672-22-000047","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-09-08T23:59:59+00:00","items":["1.01","2.03","5.03","9.01"],"status":"ready","headline":"Cadence enters $300M term loan facility to repay OpenEye acquisition debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$300M three-year senior unsecured term loan credit facility entered into on Sept 7, 2022.","Proceeds used to repay ~$300M existing borrowings that funded OpenEye Scientific Software acquisition.","Interest rate: Term SOFR + 0.625%-1.125% or Base Rate + 0.0%-0.125%, based on debt rating.","Also amended credit agreement to change fiscal year to calendar year (effective 2023) and switch benchmark from LIBOR to Term SOFR."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361570,"accession_number":"0000813672-22-000044","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-09-01T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Cadence completes acquisition of OpenEye Scientific Software for drug discovery software","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of OpenEye Scientific Software closed on August 31, 2022.","OpenEye provides computational molecular modeling and simulation software for drug discovery.","Funded by cash on hand and borrowings under Cadence's senior unsecured revolving credit facility.","No purchase price or financial guidance disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361569,"accession_number":"0001193125-22-221293","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-08-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Cadence board authorizes additional $1B share repurchase under existing program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved repurchase of up to $1 billion of common stock on August 11, 2022.","Repurchases may be executed via open market, private deals, ASRs, block trades, or 10b5-1 plans.","Program has no expiration; timing and amount depend on market conditions and other factors.","Company may modify, suspend, or terminate the program at any time without notice."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361568,"accession_number":"0000813672-22-000036","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-07-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence Q2 revenue $858M (+18% YoY), GAAP EPS $0.68; raises FY2022 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $858M vs $728M YoY; GAAP operating margin 33% vs 25%.","Non-GAAP EPS $1.08 (beat $0.86); GAAP EPS $0.68 vs $0.56.","FY2022 revenue guidance raised to $3.47B-$3.51B; non-GAAP EPS to $4.06-$4.12 (23-25% YoY growth).","Q3 2022 outlook: revenue $860-$880M, non-GAAP EPS $0.94-$0.98.","Pending OpenEye Scientific acquisition; plans ~$900M share repurchases in FY2022."],"consensus_eps_estimate":null,"consensus_eps_actual":1.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":1759287000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380911,"accession_number":"0000813672-22-000032","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-06-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Cadence Design Systems announces $100M accelerated share repurchase agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered ASR with Royal Bank of Canada to repurchase $100M of common stock.","Initial delivery of approx 489,000 shares; remainder settled in Q3 2022.","Final price based on daily VWAP during term less a discount."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380910,"accession_number":"0000813672-22-000026","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-05-06T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Cadence shareholders elect all 11 directors, reject special meetings proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 11 director nominees elected with majority support; Lip-Bu Tan received 210.9M votes.","Say-on-pay approved with 208.3M for (91.1%) vs 20.1M against.","Ratification of PwC as auditor for FY2022 approved with 246.1M for, 235K against.","Stockholder proposal on special meetings defeated with 142.7M against vs 85.6M for.","Board committee composition updated effective May 5, 2022; Lewis Chew chairs Audit, Mark Adams chairs Compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":103006243554.69243,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380909,"accession_number":"0000813672-22-000021","cik":813672,"company_name":"CADENCE DESIGN SYSTEMS INC","ticker":"CDNS","form_type":"8-K","filed_at":"2022-04-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cadence Q1 revenue $902M (+23% YoY); 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