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Synopsys, Inc. (SNPS) Q1 2025 Earnings Call Transcript

Synopsys, Inc. (NASDAQ:SNPS) Q1 2025 Earnings Conference Call February 26, 2025 5:00 PM ET

Company Participants

Trey Campbell – SVP, IR
Sassine Ghazi – CEO, President & Director
Shelagh Glaser – CFO
Aart de Geus – Co-Founder & Executive Chairman

Conference Call Participants

Sitikantha Panigrahi – Mizuho
Lee Simpson – Morgan Stanley
Joe Quatrochi – Wells Fargo
Charles Shi – Needham & Company
Joe Vruwink – Baird
Jason Celino – KeyBanc Capital Markets
Jay Vleeschhouwer – Griffin Securities
Nay Soe Naing – Berenberg
Joshua Tilton – Wolfe Research

Operator

Ladies and gentlemen, welcome to the Synopsys Earnings Conference Call for the First Quarter Fiscal Year 2025. [Operator Instructions]. 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.

Trey Campbell

Good afternoon, everyone. With us today are Sassine Ghazi, President and CEO of Synopsys; 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.

In addition, we will refer to certain non-GAAP financial measures during the discussion. Reconciliations to their most directly comparable GAAP financial measures and supplemental financial information can be found in the earnings press release financial supplement and 8-K that we released earlier

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