This webcast contains forward-looking statements and non-GAAP measures.

Forward-looking Statements

This webcast contains forward-looking statements, including our outlook on future business and operating results. Due to risks, uncertainties and other factors, many of which are outside our control, actual results may differ materially from expectations expressed or implied in the forward-looking statements. You should not rely on forward-looking statements as predictions of future events. All forward-looking statements in this webcast are made only as of October 23, 2023, are based on estimates and information available to us at that time, and we do not intend, and disclaim any obligation, to update them.

Additional information concerning factors that could cause actual results to differ can be found in our SEC filings, including our most recent Forms 10-K and 10-Q, and the cautionary statements regarding forward-looking statements in our October 23, 2023 earnings release, as well as our future filings.

Non-GAAP Measures

In addition, this webcast contains certain non-GAAP measures, which should not be considered in isolation from, or as a substitute for, GAAP results. Reconciliations of non-GAAP measures with their most directly comparable GAAP results, including those set forth in our October 23, 2023 earnings release and CFO Commentary for the quarter ended September 30, 2023, are available in the quarterly earnings section of the investor relations portion of our website at cadence.com.

Stock Quote: NASDAQ

NASDAQ: CDNS $273.27

-1.94 -0.71%

Volume1,506

Today's Open 277.66

Day High 279.33

52 Week High 279.33

Previous Close 275.21

Day Low 269.58

52 Week Low 154.88

Nov 30 2023 04:00 PM ET Pricing delayed 20 minutes