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Cadence Design cuts FY24 EPS view to $5.77-$5.97 from $5.88-$5.98

FY24 Consensus $5.93. Raises FY24 revenue view to $4.60B-$4.66B from $4.56B-$4.62B, consensus $4.6B. Sees FY24 non-GAAP operating margin in the range of 41.7% to 43.3%.

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