Gabrielle Rabinovitch | VP, Corporate Finance and IR |
Dan Schulman | President and CEO |
John Rainey | CFO and EVP, Global Customer Operations |
Darrin Peller | Wolfe Research |
Tien-Tsin Huang | JP Morgan |
Lisa Ellis | MoffetNathanson |
Sanjay Sakhrani | KBW |
Colin Sebastian | Baird |
David Togut | Evercore ISI |
Bryan Keane | Deutsche Bank |
Good afternoon. My name is Gabriel, and I will be your conference operator today. At this time, I'd like to welcome everyone to PayPal Holdings Earnings Conference Call for the Fourth Quarter and Full Year 2020. (sic) [First Quarter 2021] [Operator Instructions] I would now like to introduce your host for today's call, Ms. Gabrielle Rabinovitch, Vice President, Corporate Finance and Investor Relations.