Howard Morof | CFO |
Jim Scapa | CEO |
Sterling Auty | JPMorgan |
Matt Sorenson | RBC Capital |
Richard Davis | Canaccord |
Rich Valera | Needham and Company |
Gal Munda | Berenberg Capital |
Bhavan Suri | William Blair |
Good day, ladies and gentlemen, and thank you for standing by. Welcome to Altair Engineering's First Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode to prevent background noise. [Operator Instructions] And as a reminder, this conference is being recorded.
Now, I would like to welcome and turn the call to Mr.