Cadence design systems raises 2025 revenue outlook to $5.15B-$5.23B with strong Q1 results

Earnings Call Insights: Cadence Design Systems (CDNS) Q1 2025 Management View CEO Anirudh Devgan reported that Cadence Design Systems delivered "excellent results" for Q1 2025, with revenue growth of 23% year-over-year and a 34% increase in non-GAAP EPS. The company exceeded its guidance on all key.