Cadence corrects Q1 2025 operating margin guidance in 8-K/A; GAAP 27-28%, non-GAAP 40-41%

CADENCE DESIGN SYSTEMS INC

2024-FY EPS reported $3.85 revenue$4,641,264,000

Clerical error fixed: Q1 2025 GAAP op margin 27%-28% (not prior incorrect figure); non-GAAP 40%-41%.
Q4 2024 revenue $1.356B; GAAP EPS $1.24, non-GAAP EPS $1.88; operating cash flow $441M.
FY 2024 revenue $4.641B (+13.5% YoY); record year-end backlog $6.8B; current RPO $3.4B.
FY 2025 outlook reaffirmed: revenue $5.14-5.22B; GAAP EPS $4.19-4.29; non-GAAP EPS $6.65-6.75.
Q1 2025 guidance: revenue $1.23-1.25B; GAAP EPS $0.93-0.99; non-GAAP EPS $1.46-1.52.

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