{"schema_version":"secwatch.filing_event.v1","accession":"0000813672-24-000188","form_type":"8-K","ticker":"CDNS","cik":"0000813672","company_name":"CADENCE DESIGN SYSTEMS INC","filed_at":"2024-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.082315+00:00","generated_at":"2026-05-30T09:54:19.405083+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cadence beats Q3 estimates; raises FY2024 non-GAAP EPS midpoint to $5.90","bullets":["Revenue $1.215B (+19% YoY); Non-GAAP EPS $1.64 vs $1.26 YoY; GAAP EPS $0.87.","Non-GAAP operating margin 45% (up from 41% Q3 2023); Q3 guidance exceeded.","FY2024 non-GAAP EPS outlook raised to $5.87-$5.93 (midpoint $5.90); revenue $4.61B-$4.65B.","Issued $2.5B senior notes in Sept at 4.44% avg rate; cash now $2.786B.","IP +59%, System Design/Analysis +47%, Functional Verification +22% YoY; Cadence.AI rev nearly tripled."],"urls":{"canonical":"https://secwatch.observer/filing/0000813672-24-000188","json":"https://secwatch.observer/filing/0000813672-24-000188.json","markdown":"https://secwatch.observer/filing/0000813672-24-000188.md","text":"https://secwatch.observer/filing/0000813672-24-000188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/813672/000081367224000188/0000813672-24-000188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/813672/000081367224000188/cdns-20241028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:54:19.405083+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}