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January 26, 2012 8:30 am ET
Jeffrey D. Glidden - Chief Financial Officer and Executive Vice President
Tim Fox -
James E. Heppelmann - Chief Executive Officer, President, Director and Member of National FIRST Executive Advisory Board
Yun S. Kim - ThinkEquity LLC, Research Division
Blair Abernethy - Stifel, Nicolaus & Co., Inc., Research Division
Steven R. Koenig - Longbow Research LLC
Sterling P. Auty - JP Morgan Chase & Co, Research Division
Richard H. Davis - Canaccord Genuity, Research Division
Ben Z. Rose - Battle Road Research Ltd.
Matthew Hedberg - RBC Capital Markets, LLC, Research Division
Ross MacMillan - Jefferies & Company, Inc., Research Division
Good morning, ladies and gentlemen and welcome to PTC's First Quarter Fiscal Year 2012 Results Conference Call. After brief comments by management, we will go directly into the question-and-answer session. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded. I would now like to introduce Tim Fox, PTC's Vice President of Investor Relations. Please go ahead.
Thanks, Evan, good morning, everyone thanks for joining us in our Q1 results and outlook call.
Before we get started, I'd like to remind everybody that this call and Q&A session may include forward-looking statements regarding PTC's products or anticipated future operations or financial performance. Any such statements will be based on current assumptions of PTC's management and are subject to risks and uncertainties that could cause actual events and results to differ materially. Information concerning these risks and uncertainties is contained in PTC's most recent Form 10-K and Forms 10-Q on file with the SEC. All financial measures in this presentation are non-GAAP financial measures. Reconciliation between the non-GAAP measures and the comparable GAAP measure is located in our prepared remarks document on the Investor Relations page of our website at www.ptc.com.