The company said its revenue for the first quarter of fiscal 2024 was $1.649 billion, compared with $1.361 billion for the first quarter of fiscal 2023. The company said the first fiscal quarter of 2024 included the impact of an additional 1 week, which was included in Q1.

1. 01

   The company said its revenue for the first quarter of fiscal 2024 was $1.649 billion, compared with $1.361 billion for the first quarter of fiscal 2023. The company said the first fiscal quarter of 2024 included the impact of an additional 1 week, which was included in Q1.

2. 02

   The company said GAAP net income for the first quarter of fiscal 2024 was $449.1 million ($2.89 per diluted share), and non-GAAP net income was $553.7 million ($3.56 per diluted share). In the year-earlier quarter, GAAP earnings were $1.75 per share and non-GAAP earnings were $2.62 per share.

3. 03

   The company said its revenue for the first quarter of fiscal 2024 by segment was $985.3 million for Design Automation, $525.7 million for Design IP and $138.2 million for Software Integrity. In the year-earlier period, the figures were $889.8 million, $343.7 million and $127.8 million, respectively.

4. 04

   The company set its full-year fiscal 2024 revenue target at $6,570 million to $6,630 million and its non-GAAP EPS target at $13.47 to $13.55. The company said it reaffirmed its full-year revenue and non-GAAP operating margin targets and raised its non-GAAP EPS outlook.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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