Cadence Design Systems Inc (WBO:CDNS)
€ 261.75 -2.4 (-0.91%) Market Cap: 71.44 Bil Enterprise Value: 71.10 Bil PE Ratio: 74.08 PB Ratio: 21.70 GF Score: 74/100

Q3 2020 Cadence Design Systems Inc Earnings Call Transcript

Oct 19, 2020 / 09:00PM GMT
Operator

Good afternoon. My name is Mike, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cadence Third Quarter 2020 Earnings Conference Call. (Operator Instructions)

I will now turn the call over to Alan Lindstrom, Senior Group Director of Investor Relations for Cadence. Please go ahead.

Alan H. Lindstrom
Cadence Design Systems, Inc. - Senior Group Director of IR

Thank you, Mike, and I would like to welcome everyone to our third quarter 2020 earnings conference call. I am joined today by Lip-Bu Tan, Chief Executive Officer; and John Wall, Senior Vice President and Chief Financial Officer. The webcast of this call is available through our website, cadence.com, and will be archived through December 18, 2020. A copy of today's prepared remarks will also be available on our website at the conclusion of today's call.

Please note that the discussion today will contain forward-looking statements and that actual results may differ materially from those expectations. For information on factors that could

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