Good morning, everyone, and welcome to Strayer Education Incorporated’s First Quarter 2018 Earnings Results Conference Call. This call is being recorded.
For those of you who wish to listen to the conference via the Internet, please go to strayereducation.com, where the call will be archived. With us today to discuss the results are Robert Silberman, Executive Chairman for Strayer Education; Karl McDonnell, Chief Executive Officer; and Daniel Jackson, Executive Vice President and Chief Financial Officer.
Following Strayer’s remarks, we will open the call for questions and answers.