[BUSINESS]■ STORY TIMELINE
CADENCE BEATS FORECAST, RAISES FY GUIDANCE
Cadence Design Systems reported Q2 revenue of $1.58B, up 24.2% year-over-year, and raised its full-year revenue forecast to $6.26B-$6.34B, exceeding analyst estimates of $6.21B.
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Reuters: Cadence reports Q2 revenue up 24.2% YoY to $1.58B and raises its annual revenue forecast to between $6.26B and…