Cadence Design Systems Files 8-K

Ticker: CDNS · Form: 8-K · Filed: 2024-07-22T00:00:00.000Z

Sentiment: neutral

Topics: financial-reporting, sec-filing

Related Tickers: CDNS

TL;DR

CDNS filed an 8-K on July 22, 2024, reporting on financial condition and operations.

AI Summary

On July 22, 2024, Cadence Design Systems, Inc. filed an 8-K report. The filing primarily concerns the company's financial condition and results of operations, along with financial statements and exhibits. No specific financial figures or significant events were detailed in the provided excerpt.

Why It Matters

This filing indicates Cadence Design Systems is providing updates on its financial performance and condition to the SEC, which is standard practice for publicly traded companies.

Risk Assessment

Risk Level: low — This is a routine filing for financial reporting and does not indicate any unusual or high-risk events.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by Cadence Design Systems, Inc.?

The primary purpose of this 8-K filing is to report on the company's Results of Operations and Financial Condition, as well as to provide Financial Statements and Exhibits.

On what date was this 8-K report filed?

This 8-K report was filed on July 22, 2024.

What is Cadence Design Systems, Inc.'s state of incorporation?

Cadence Design Systems, Inc. is incorporated in Delaware.

What is the address of Cadence Design Systems, Inc.'s principal executive offices?

The address of Cadence Design Systems, Inc.'s principal executive offices is 2655 Seely Avenue, San Jose, California 95134.

What is the accession number for this filing?

The accession number for this filing is 0000813672-24-000150.

Filing Stats: 536 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2024-07-22 16:04:10

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On July 22, 2024, Cadence Design Systems, Inc. ("Cadence") issued a press release announcing its financial results for the quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.01 and a copy of the commentary by the Chief Financial Officer of Cadence regarding Cadence's financial results for the quarter ended June 30, 2024 is attached hereto as Exhibit 99.02, and the press release and the commentary are incorporated herein by reference. The information contained in this Current Report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.01 Press Release issued by Cadence Design Systems, Inc. on July 22, 2024. 99.02 CFO Commentary on Results of Quarter Ended June 30 , 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: July 22, 2024 CADENCE DESIGN SYSTEMS, INC. By: /s/ John M. Wall John M. Wall Senior Vice President and Chief Financial Officer

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