Adam Morse | SVP Corporate Finance & Treasurer |
Eilif Serck-Hanssen | Chief Executive Officer |
Jean-Jacques Charhon | EVP & CFO |
Ricardo Berckemeyer | President & COO |
Jeffrey Silber | BMO Capital Markets |
Kevin Estok | Piper Jaffray Companies |
Shlomo Rosenbaum | Stifel, Nicolaus & Company |
Jeffrey Meuler | Robert W. Baird & Co. |
Christopher Howe | Barrington Research Associates |
Ryan Leonard | Barclays Bank |
Hamzah Mazari | Macquarie Research |
Welcome to the First Quarter 2018 Laureate Education Incorporated Earnings Conference Call. My name is Sylvia, and I'll be your operator for today's call. [Operator Instructions]. Please note that this conference is being recorded. I would now turn the call over to Adam Morse, Senior Vice President.