Synopsys, Inc. (SNPS) Q1 2023 Earnings Call Transcript
Synopsys, Inc. (NASDAQ:SNPS) Q1 2023 Earnings Conference Call February 15, 2023 5:00 PM ET
Company Participants
Phil Lee - Director, IR
Aart de Geus - Chairman & CEO
Shelagh Glaser - CFO
Conference Call Participants
Joe Vruwink - Robert W. Baird
Jason Celino - KeyBanc Capital Markets
Charles Shi - Needham & Company
Gary Mobley - Wells Fargo
Jay Vleeschhouwer - Griffin Securities
Vivek Arya - Bank of America Merrill Lynch
Ruben Roy - Stifel
Giani Conti - Deutsche Bank
Blair Abernethy - Rosenblatt Securities
Operator
Ladies and gentlemen, welcome to the Synopsys Earnings Conference Call for the First Quarter of Fiscal Year 2023. At this time, all participants are in a listen-only mode. [Operator Instructions] And as a reminder, today's call is being recorded.
At this time, I would like to turn the conference over to Phil Lee, Director of Investor Relations. Please go ahead.
Phil Lee
Good afternoon, everybody. With us today are Aart de Geus, Chair and CEO of Synopsys; and Shelagh Glaser, Chief Financial Officer.
Before we begin, I'd like to remind everyone that during the course of this conference call, Synopsys will discuss forecasts, targets and other forward-looking information regarding the company and its financial results. While these statements represent our best current judgment about future results and performance as of today, our actual results are subject to many risks and uncertainties that could cause actual results to differ materially from what we expect. In addition to any risks that we highlight during this call, important risk factors that may affect our future results and performance are described in our most recent filings with the SEC, including our most recent annual report on Form 10-K and subsequently filed quarterly reports on Form 10-Q.
In addition, we will refer to non-GAAP financial measures during the discussion. Reconciliations to certain of these non-GAAP financial measures to their most directly comparable GAAP financial measures a discussion of certain non-GAAP financial measures that we are not able to reconcile without unreasonable efforts and supplemental financial information can be found in the earnings press release financial supplement and 8-K that we released earlier today. All of these items, plus the most recent investor presentation are readily available on our website at www.synopsys.com. In addition, the prepared remarks will be posted on our website at the conclusion of the call.
With that, I'll turn the call over to Aart de Geus.