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ANSYS, Inc. (ANSS) CEO Ajei Gopal on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 6:21 PM ETANSYS, Inc. (ANSS)
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ANSYS, Inc. (NASDAQ:ANSS) Q1 2021 Earnings Conference Call May 6, 2021 8:30 AM ET

Company Participants

Kelsey DeBriyn - Head, IR & Government Affairs

Ajei Gopal - President, CEO & Director

Nicole Anasenes - CFO & SVP, Finance

Conference Call Participants

Gal Munda - Berenberg

Jay Vleeschhouwer - Griffin Securities

Andrew Obin - Bank of America Merrill Lynch

John Walsh - Crédit Suisse

Tyler Radke - Citigroup

Joseph Vruwink - Robert W. Baird & Co.

Adam Borg - Stifel, Nicolaus & Company

Jackson Ader - JPMorgan Chase & Co.

Ken Wong - Guggenheim Securities

Saket Kalia - Barclays Bank

Jason Celino - KeyBanc Capital Markets


Ladies and gentlemen, thank you for standing by, and welcome to ANSYS First Quarter 2020 Earnings Conference Call. With us today are Ajei Gopal, President and Chief Executive Officer; Nicole Anasenes, Chief Financial Officer and Senior Vice President of Finance; and Kelsey DeBriyn, Vice President, Investor and Government Relations. [Operator Instructions].

At this time, I would like to turn the conference over to Ms. DeBriyn for opening remarks. Please go ahead.

Kelsey DeBriyn

Good morning, everyone. Our earnings release, the related prepared remarks document and the link to our first quarter Form 10-Q, have all been posted on the homepage of our Investor Relations website. They contain the key financial information and supporting data relative to our first quarter financial results and business update as well as our Q2 and updated fiscal year 2021 outlook and the key underlying quantitative and qualitative assumptions.

Today's presentation contains forward-looking information. Important factors that may affect our future results are discussed in our public filings with the SEC, all of which are available on our corporate website. We note that uncertainty regarding the impact of the COVID-19 pandemic on our performance could cause actual results to differ materially from our

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