Mike Milotich | Visa, Inc. |
Alfred F. Kelly | Visa, Inc. |
Vasant M. Prabhu | Visa, Inc. |
Daniel Perlin | RBC Capital Markets LLC |
Donald J. Fandetti | Wells Fargo Securities LLC |
Andrew Jeffrey | SunTrust Robinson Humphrey, Inc. |
Ryan Cary | Bank of America Merrill Lynch |
Ashwin Shirvaikar | Citigroup Global Markets, Inc. |
Tien-Tsin Huang | JPMorgan Securities LLC |
Moshe Ari Orenbuch | Credit Suisse Securities (NYSE:USA) LLC |
Sanjay Sakhrani | Keefe, Bruyette & Woods, Inc. |
James Eric Friedman | Susquehanna Financial Group LLLP |
James Schneider | Goldman Sachs & Co. LLC |
Vasu Govil | Morgan Stanley & Co. LLC |
Welcome to the Visa's Fiscal Second Quarter 2018 Earnings Conference Call. All participants are in a listen-only mode until the question-and-answer session. Today's conference is being recorded.
If you have any objections, you may disconnect at this time. I would now like to turn the conference over to your host, Mr.