Gabrielle Rabinovitch | Interim CFO and SVP, Corporate Finance & IR |
Daniel Schulman | President, CEO & Director |
Tien-Tsin Huang | JPMorgan Chase & Co. |
Darrin Peller | Wolfe Research |
Lisa Ellis | MoffettNathanson |
Rayna Kumar | UBS |
Michael Ng | Goldman Sachs Group |
Jason Kupferberg | Bank of America Merrill Lynch |
David Togut | Evercore ISI |
Good evening. My name is Savannah, and I will be your conference operator for today. At this time, I would like to welcome everyone to PayPal Holdings' Earnings Conference Call for the Second Quarter 2022. [Operator Instructions]. Thank you.