Cadence QJun25
- Revenue up 3% q/q and 20% y/y to $1.275B; QSep will grow by 2-5% q/q and QDec will grow by 8%+ q/q; FY25 guidance raised by $50M (+13% y/y)- China outlook upgraded to slight growth from flat for FY25- China revenue 9%, down from 11% in QMar; China will trend lower longer term as rest of the world outperforms; adjustments in China backlogSource: Sravan Kundojjala
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