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For 2016, $CDNS expects bookings in the range of $2.0-2.1Bil, which equates to 8% growth at the midpoint, non-GAAP operating margin of approx. 26% and operating cash flow in the range of $380-420MM. 2Q16 non-GAAP operating margin is expected to be approx. 25% for the full-year 2016.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.