Gabrielle Rabinovitch | Head, IR |
Dan Schulman | President & CEO |
John Rainey | CFO & EVP, Global Customer Operations |
Bill Ready | EVP & COO |
Bryan Keane | Deutsche Bank |
George Mihalos | Cowen |
Tien-tsin Huang | JP Morgan |
James Fossett | Morgan Stanley |
Darrin Peller | Wolfe Research |
Heath Terry | Goldman Sachs |
Good day, ladies and gentlemen and welcome to PayPal's Third Quarter 2018 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. I would now like to introduce your host for today's conference, Ms.