Federico Sandler | Mercadolibre, Inc. |
Pedro Arnt | MercadoLibre, Inc. |
Stephen Ju | Credit Suisse Securities (NYSE:USA) LLC |
Scott William Devitt | Stifel, Nicolaus & Co., Inc. |
Deepak Mathivanan | Barclays Capital, Inc. |
Mike J. Olson | Piper Jaffray & Co. |
Robert E. Ford Aguilar | Bank of America Merrill Lynch |
Brad Erickson | KeyBanc Capital Markets, Inc. |
James Eric Friedman | Susquehanna Financial Group LLLP |
Irma Sgarz | Goldman Sachs do Brasil CTVM SA |
William kerr | Cowen & Co. LLC |
Masha Kahn | Deutsche Bank Securities, Inc. |
Marcelo Santos | JPMorgan CCVM SA |
Good day, ladies and gentlemen, and thank you for standing by. Welcome to the MercadoLibre's Fourth Quarter 2017 Earnings Call. At this time, all participants are in a listen-only mode to prevent background noise.
We will have a question-and-answer session later and the instructions will follow at that time. And as a reminder this conference is being recorded.