Cadence Design Systems Inc at Sanford C Bernstein Strategic Decisions Conference Transcript

Jun 01, 2023 / 03:00PM GMT
Stacy Aaron Rasgon - Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Good morning, everyone. Before we get started, they've asked me to read a quick safe harbor statement, so I will do so now. Before we begin today, the company is -- the discussion will contain forward-looking statements and will make use of certain non-GAAP financial measures. Please see Cadence's most recent 10-K, 10-Q and website for a discussion of risk factors and the use of non-GAAP financial measures. Well, that's out of the way.

Thank you for coming, everyone. I'm Stacy Rasgon. I'm Bernstein's senior research analyst. I cover the U.S. semiconductor and semiconductor capital equipment space. And it's my honor to have our guest here today, Dr. Anirudh Devgan, the President and CEO of Cadence. Our talk today's going to last about 50 minutes. If you want to have -- ask questions, if you look on the inner cover of your program, there is a QR code you can scan that will take you to our question-and-answer forum. It's called pigeon hole and you can submit your questions there, and we'll leave time at the

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