secwatch.observer — SEC 8-K summary
======================================

Issuer:     CADENCE DESIGN SYSTEMS INC (CDNS)
CIK:        0000813672
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0000813672-22-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadence FY2021 revenue $2.988B, GAAP EPS $2.50, non-GAAP $3.29; guides FY2022 rev $3.32-3.38B
--------------------------------------------------------------------------------

- Q4 2021 revenue $773M, GAAP EPS $0.63, non-GAAP EPS $0.82.
- FY2021 GAAP operating margin 26% (up from 24%), non-GAAP 37% (up from 35%).
- FY2021 operating cash flow $1.101B, free cash flow $1.036B.
- FY2022 guidance: revenue $3.32-3.38B, GAAP EPS $2.46-2.56, non-GAAP EPS $3.70-3.80.
- Announced Q1 2022 outlook: revenue $850-870M, non-GAAP EPS $1.00-1.04.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813672/000081367222000010/0000813672-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813672/000081367222000010/cdns-20220222.htm
  HTML page:      https://secwatch.observer/filing/0000813672-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer