Synopsys, Inc. (SNPS) CEO Aart de Geus on Q2 2019 Results - Earnings Call Transcript

May 22, 2019 11:52 PM ETSynopsys, Inc. (SNPS) StockSNPS
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Q2: 2019-05-22 Earnings Summary

EPS of $1.16 beats by $0.07
 | Revenue of $836.24M (7.65% Y/Y) beats by $6.83M

Synopsys, Inc. (NASDAQ:SNPS) Q2 2019 Earnings Conference Call May 22, 2019 5:00 PM ET

Company Representatives

Aart de Geus - Chairman, Co-CEO
Trac Pham - Chief Financial Officer
Lisa Ewbank - Vice President of Investor Relations

Conference Call Participants

Rich Valera - Needham & Company
Tom Diffely - D.A. Davidson
Mitch Steves - RBC Capital Markets
Sterling Auty - JPMorgan
Gary Mobley - Wells Fargo Securities
Jay Vleeschhouwer - Griffin Securities
Jason Celino - KeyBanc Pacific Crest
Francois Yoshida-Are - Berenberg Capital Markets

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Synopsys Earnings Conference Call for the Second Quarter of Fiscal Year 2019.

At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions] Today’s call will last one hour. Five minutes prior to the end of the call, we will announce the amount of time remaining in the conference. As a reminder, today’s call is being recorded.

At this time I would like to turn the conference over to Lisa Ewbank, Vice President of Investor Relations. Please go ahead.

Lisa Ewbank

Thanks Anna. Good afternoon, everyone. Hosting the call today are Aart de Geus, Chairman and co-CEO of Synopsys; and Trac Pham, 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 statements 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 and performance 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 factors that may affect our

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