Lisa Su | CAO |
Holger Bartel | CEO |
Michael Kupinski | NOBLE Capital Markets |
Jim Goss | Barrington Research |
Ed Woo | Ascendiant Capital |
Steve Silver | Argus Research |
Hello, everyone. Welcome to the Travelzoo Fourth Quarter 2020 Financial Results Conference Call. [Operator Instructions] Today's call is being recorded. The company would like to remind you that all statements made during this conference call and presented in the slides that are not statements of historical facts constitute forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could vary materially from those contained in the forward-looking statements.