Q1 2023 Cadence Design Systems Inc Earnings Call Transcript

Apr 24, 2023 / 09:00PM GMT
Operator

Good afternoon. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cadence First Quarter 2023 Earnings Conference Call.

(Operator Instructions)

Thank you. I will now turn the call over to Richard Gu, Vice President of Investor Relations for Cadence. Please go ahead.

Richard Gu - Cadence Design Systems, Inc. - VP of IR

Thank you, operator. I would like to welcome everyone to our First Quarter of 2023 Earnings Conference Call. I'm joined today by Anirudh Devgan, President and Chief Executive Officer; and John Wall, Senior Vice President and Chief Financial Officer. The webcast of this call and a copy of today's prepared remarks will be available on our website, cadence.com.

Today's discussion will contain forward-looking statements, including our outlook on future business and operating results. Due to risks and uncertainties, actual results may differ materially from those projected or implied in today's discussion. For information on factors that could cause actual

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