Aspen Technology, Inc.

Good day, and thank you for standing by. Welcome to the Fiscal First Quarter 2023 Aspen Tech Call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you'll need to press star 11 on your telephones. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Brian Denue with ICR. You are now able to talk.

Thank you, Justin. Good afternoon, everyone, and thank you for joining us to discuss our financial results for the first quarter of fiscal 2023, ending September 30th, 2022. With me on the call today are Antonio Pietri, Aspen Tech's President and CEO, and Shantel Brightup, Aspen Tech CFO. Before we begin, I will make the safe harbor statement that during the course of this call, we may make projections or other forward-looking statements about the financial performance of the company that may involve risks and uncertainties. The company's actual results may differ materially from such projections or statements. Factors that might cause such differences include, but are not limited to, those discussed in today's call, as well as those contained in our most recently filed Form 10-K with the SEC. Also, please note that the following information relates to our current business conditions and our outlook as of today, October 26, 2022. Consistent with our prior practice, we expressly disclaim any obligation to update this information. Please also note that we have posted a financial update presentation on the . The structure of today's call will be as follows. Antonio will discuss business highlights from the first quarter and fiscal year, and then Chantel will review our financial results and discuss our guidance for fiscal year 2023. With that, I'll turn it over to Antonio. Antonio.

Thanks. Brian. And thanks to all of you for joining us today. Our first fiscal quarter performance was in line with our expectations. This was the fourth quarter since the completion of the Emerson transaction.