Deborah Crawford | VP, IR |
Mark Zuckerberg | Founder, Chairman & CEO |
Sheryl Sandberg | COO & Director |
David Wehner | CFO |
Brian Nowak | Morgan Stanley |
Anthony DiClemente | Evercore ISI |
Eric Sheridan | UBS Investment Bank |
Douglas Anmuth | JPMorgan Chase & Co. |
Justin Post | Bank of America Merrill Lynch |
Zachary Schwartzman | RBC Capital Markets |
Lloyd Walmsley | Deutsche Bank |
Mark May | Citigroup |
Ross Sandler | Barclays Bank |
Colin Sebastian | Robert W. Baird & Co. |
Richard Greenfield | BTIG |
John Blackledge | Cowen and Company |
Good afternoon. My name is Mike, and I will be your conference operator today. At this time, I would like to welcome everyone to the Facebook Fourth Quarter and Full Year 2018 Results Earnings Conference Call. [Operator Instructions]. This call will be recorded.