Exhibit 99.02 CADENCE REPORTS SECOND QUARTER 2024 CADENCE DESIGN SYSTEMS, INC. CFO COMMENTARY | --- | --- | --- | |------------------------------------|-----------------------------------------------|------------------------------| | Key Takeaways | Q3 2024 Outlook | Q2 2024 KEYMETRICS | | • Annual revenue growth outlook is | • Revenue: $1.165 billion - $1.195 billion | | | now 13%, including $40 million | • GAAP operating margin: 27.7% - 29.3% | • Revenue: $1.061 billion | | from BETA CAE at the midpoint | ...