Kelsey DeBriyn | Head, IR & Government Affairs |
Ajei Gopal | President, CEO & Director |
Nicole Anasenes | CFO & SVP, Finance |
Gal Munda | Berenberg |
Jay Vleeschhouwer | Griffin Securities |
Andrew Obin | Bank of America Merrill Lynch |
John Walsh | Crédit Suisse |
Tyler Radke | Citigroup |
Joseph Vruwink | Robert W. Baird & Co. |
Adam Borg | Stifel, Nicolaus & Company |
Jackson Ader | JPMorgan Chase & Co. |
Ken Wong | Guggenheim Securities |
Saket Kalia | Barclays Bank |
Jason Celino | KeyBanc Capital Markets |
Ladies and gentlemen, thank you for standing by, and welcome to ANSYS First Quarter 2020 Earnings Conference Call. With us today are Ajei Gopal, President and Chief Executive Officer; Nicole Anasenes, Chief Financial Officer and Senior Vice President of Finance; and Kelsey DeBriyn, Vice President, Investor and Government Relations. [Operator Instructions]. At this time, I would like to turn the conference over to Ms. DeBriyn for opening remarks.