Karl E. Johnsen | Aspen Technology, Inc. |
Antonio J. Pietri | Aspen Technology, Inc. |
Matthew Charles Pfau | William Blair & Co. LLC |
Monika Garg | KeyBanc Capital Markets, Inc. |
Jackson E. Ader | JPMorgan Securities LLC |
Rob Oliver | Robert W. Baird & Co., Inc. |
Shankar Subramanian | Bank of America Merrill Lynch |
Mark W. Schappel | The Benchmark Co. LLC |
Ahmad Khalil | Wedbush Securities, Inc. |
David E. Hynes | Canaccord Genuity, Inc. |
Alexander Frankiewicz | Berenberg Capital Markets LLC |
Good afternoon, everyone. My name is Roseanne and I will be your conference operator today. At this time, I would like to welcome everyone to Aspen Technology Q1 2019 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.