Mike Saviage | VP, IR |
Shantanu Narayen | President and CEO |
John Murphy | EVP and CFO |
Sterling Auty | JP Morgan |
Alex Zukin | Piper Jaffray |
Brent Thill | Jeffries |
Jennifer Lowe | UBS |
Brad Zelnick | Credit Suisse |
Saket Kalia | Barclays Capital |
Mark Moerdler | Bernstein Research |
Ross MacMillan | RBC |
Jay Vleeschhouwer | Griffin Securities |
Walter Pritchard | Citi |
Heather Bellini | Goldman Sachs |
Kirk Materne | Evercore ISI |
Derrick Wood | Cowen & Company |
Keith Weiss | Morgan Stanley |
Kash Rangan | Bank of America Merrill Lynch |
Pat Walravens | JMP Securities |
Brian Wieser | Pivotal |
Good afternoon, ladies and gentlemen. I would like to welcome you to Adobe Systems Second Quarter Fiscal Year 2018 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.