Gabrielle Rabinovitch | Head of Investor Relations |
Dan Schulman | President and Chief Executive Officer |
John Rainey | Chief Financial Officer |
Bill Ready | Chief Operating Officer |
Tien-tsin Huang | JP Morgan |
Bryan Keane | Deutsche Bank |
George Mihalos | Cowen |
Jeff Cantwell | Guggenheim Security |
Heath Terry | Goldman Sachs |
Good day, ladies and gentlemen, and welcome to PayPal's First 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, today's call may be recorded. I would now like to introduce your host for today's conference, Ms.