Ronald Clark | Head of Investor Relations |
Jeremy Stoppelman | Co-founder and Chief Executive Officer |
Lanny Baker | Chief Financial Officer |
Jed Nachman | Chief Operating Officer |
Mark Mahaney | RBC Capital Markets |
Paul Bieber | Credit Suisse |
Matthew Thornton | SunTrust Robinson Humphrey |
Mark May | Citi |
Chris Merwin | Goldman Sachs |
Brent Thill | Jefferies |
Deepak Mathivanan | Barclays |
Douglas Anmuth | JPMorgan |
Tom Champion | Cowen |
Ryan Goodman | Bank of America Merrill Lynch |
Justin Patterson | Raymond James |
Brad Erickson | KeyBanc Capital Markets |
Peter Stabler | Wells Fargo Securities |
Ron Josey | JMP Securities |
Good day, ladies and gentlemen and thank you for your patience.
You have joined Yelp's fourth quarter and fiscal year 2017 earnings conference call. [Operator Instructions] I would now like to turn the call over to your host, Head of Investor Relations, Mr. Ron Clark. Sir, you may begin.