Synopsys, Inc. (SNPS) Q3 2023 Earnings Call Transcript

Synopsys, Inc. (NASDAQ:SNPS) Q3 2023 Earnings Conference Call August 16, 2023 5:00 PM ET

Company Participants

Trey Campbell - SVP & IR
Aart de Geus - Chairman & CEO
Sassine Ghazi - President & COO
Shelagh Glaser - CFO

Conference Call Participants

Jason Celino - KeyBanc Capital Markets
Gary Mobley - Wells Fargo
Joshua Tilton - Wolfe Research
Joseph Vruwink - Robert W. Baird
Vivek Arya - BofA Securities
Ruben Roy - Stifel
Jay Vleeschhouwer - Griffin Securities
Charles Shi - Needham & Company
Gianmarco Conti - Deutsche Bank
Blair Abernethy - Rosenblatt

Operator

Ladies and gentlemen, welcome to the Synopsys Earnings Conference Call for the Third Quarter of Fiscal year 2023. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] Today’s call will last 1 hour. And as a reminder, today’s call is being recorded.

At this time, I would like to turn the conference over to Trey Campbell, Senior Vice President, Investor Relations. Please go ahead, sir.

Trey Campbell

Thanks, Lisa. Good afternoon, everyone. With us today are Aart De Geus, Chair and CEO of Synopsys; Sassine Ghazi, President and COO; and Shelagh Glaser, CFO.

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 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 future results are described in our most recent SEC reports and today's earnings press release.

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