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Image source: The Motley Fool. Cadence Design Systems () Q1 2018 Earnings Conference Call April 23, 2018 5:00 p.m. ET Contents: • Prepared Remarks • Questions and Answers • Call Participants Prepared Remarks: Operator Good afternoon. My name is Jesse, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Cadence first-quarter 2018 earnings conference call.

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[Operator instructions] I will now turn the call over to Alan Lindstrom, senior group director of investor relations for Cadence. Please go ahead, sir. Alan Lindstrom -- Senior Group Director of Investor Relations Thank you, Jesse, and I would like to welcome everyone to our first-quarter 2018 earnings conference call. I am joined by Lip-Bu Tan, CEO, and John Wall, senior vice president and CFO.

The webcast of this call is available through our website, cadence.com, and will be archived through June 15, 2018. Keygen crack free. A copy of today's prepared remarks will also be available on our website at the conclusion of today's call.

Please note that today's discussion will contain forward-looking statements and that actual results may differ materially from those expectations. For information on the factors that could cause a difference in our results, please refer to our filings with the Securities and Exchange Commission. These include Cadence's most recent reports on Form 10-K and Form 10-Q, including the company's future filings, and the cautionary comments regarding forward-looking statements in the earnings press release we issued today.

In addition to financial results prepared in accordance with generally accepted accounting principles, or GAAP, we will also present certain non-GAAP financial measures today. Cadence management believes that in addition to using GAAP results in evaluating our business, it can also be useful to review results using certain non-GAAP financial measures. Investors and potential investors are encouraged to review the reconciliation of non-GAAP financial measures with their most direct comparable GAAP financial measures.

The reconciliations are available at the Investor Relations section of cadence.com. Copies of today's press release dated April 23, 2018, for the quarter ended March 31, 2018, related financial tables, and the CFO commentary are also available on our website. Finally, note that our 10-Q will be filed later this week. Now I'll turn the call over to Lip-Bu. Lip-Bu Tan -- President and Chief Executive Officer Good afternoon, everyone. Thank you for joining us today. I'm very pleased to report that Cadence achieved excellent operating results for the Q -- the first quarter.

Based on the strength of our Q1 business and continuing momentum, we are raising our guidance for the year. John will provide details in a moment.

The data-driven economy is being propelled by key technology waves of mobile, cloud data center, edge computing, automotive, and, most significantly, machine learning. These technologies create massive amount of data which need to be processed, analyzed, transmitted, and stored. These require power-efficient processing, high-bandwidth transmission, and high-density storage, which, in turn, are driving an increase in design activity and broad-based demand for our innovative system design-enablement solution. Now I will review some of the highlights from Q1. Our system design-enablement strategy enables us to increase our footprint with system companies and tailor our solution for vertical market segments. One of these vertical segments is aerospace and defense, where in Q1 we expanded our business with large orders from these companies.

Turning to products. Zhivotnie kotorie zaneseni v krasnuyu knigu moldova. Our digital and sign-off business continued its strong market momentum in Q1. We collaborated with Imec, an international research and innovation hub, on the industry-first 3-nanometer cache chip tapeout using Cadence Innovus implementation systems and Genus Synthesis Solution. We continue to proliferate our digital solutions within market-shaping customers. And we broadened adoptions among other customers, including a major defense contractor that would use our digital flow for in-house chip design.