Synopsys Inc at UBS Global TMT Conference (Virtual) Transcript
Great. Welcome to the UBS TMT Conference. My name is Pradeep Ramani, and I cover Synopsys at UBS. We're delighted today to have Trac Pham, CFO of Synopsys. And welcome, Trac, and maybe I'll give you a minute or so to sort of set the stage.
Thanks, Pradeep. It's really wonderful to join you at the conference. The timing to catch up with you and investors is really very good. We reported results last week in which we delivered very strong results for FY '21, 14% growth on the top line while simultaneously expanding margins to north of 30%.
Record cash flow year, record backlog, just outstanding results, broad-based strength across the board. We also gave guidance for FY '22, which reflected another year of strong growth, continued margin expansion, very healthy cash generation, just reflecting strong execution of the company. The context that we're in is very healthy. Our customer base is doing well. The needs for our
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