Synopsys, Inc. (SNPS) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.995 Ladies and gentlemen, welcome to this Synopsis Earnings Conference call for the first 00:00:03.995 -- 00:00:06.919 quarter of fiscal year, 2026. At 00:00:06.919 -- 00:00:09.822 this time, all participants are in a listen-only mode. 00:00:09.822 -- 00:00:12.705 Later, we will conduct a question and answer session. 00:00:12.705 -- 00:00:16.609 If you would like to ask a question at that time, please press star 1 on your telephone 00:00:16.609 -- 00:00:20.393 keypad. And to remove yourself from that queue, it is star 1 again. 00:00:20.393 -- 00:00:25.539 If you require assistance during the call, please press star 0 and an operator will 00:00:25.539 -- 00:00:28.921 assist you. Today's call will last one hour. 00:00:28.921 -- 00:00:31.944 As a reminder, today's call is being recorded. 00:00:31.944 -- 00:00:36.529 At this time, I would like to turn the conference over to Tushar Jain, Head of Investor 00:00:36.529 -- 00:00:39.593 Relations. Please go ahead. 00:00:39.593 -- 00:00:45.199 Good afternoon, everyone. With us today are Saseen Ghazi, President and CEO of Synopsys, 00:00:45.199 -- 00:00:50.204 and Sheila Glazer, CFO. Before we begin, I'd like to remind everyone that during 00:00:50.204 -- 00:00:54.769 the course of this conference call, Synopsys will discuss forecasts, targets, and other 00:00:54.769 -- 00:00:58.992 forward-looking statements regarding the company and its financial results. 00:00:58.992 -- 00:01:03.498 While these statements represent our best current judgment about future results and performance 00:01:03.498 -- 00:01:08.624 as of today, our actual results are subject to many risks and uncertainties that could 00:01:08.624 -- 00:01:12.829 cause actual results to differ materially from what we expect. 00:01:12.829...