other material
confidence high
sentiment neutral
materiality 0.35
Cadence corrects Q1 bookings characterization from 'record' to 'second highest'
CADENCE DESIGN SYSTEMS INC
- Prior April 22, 2024 filing incorrectly stated Q1 FY2024 bookings were a record; actual were second highest first quarter bookings.
- Error appeared in press release, CFO Commentary, and webcast prepared remarks furnished as exhibits.
- No financial results changed; only the characterization of bookings ranking was corrected.