Ed Goodwin | SVP, IR |
Christopher Paucek | CEO |
Cathy Graham | CFO |
Sarah Hindlian | Macquarie |
Brett Knoblauch | Berenberg Capital |
Ryan MacDonald | Needham & Company |
Jeff Meuler | Robert W. Baird |
Jeff Silber | BMO Capital Markets |
Corey Greendale | First Analysis |
Brad Zelnick | Credit Suisse |
George Tong | Goldman Sachs |
Good day, ladies and gentlemen, and welcome to the 2U, Inc. 2019 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. [Operator Instructions] As a reminder, this conference call is being recorded.