Gabrielle Rabinovitch | SVP and Acting CFO |
Daniel Schulman | President and CEO |
Lisa Ellis | SVB MoffettNathanson |
Darrin Peller | Wolfe Research |
James Faucette | Morgan Stanley |
Tien-Tsin Huang | JPMorgan |
Jason Kupferberg | Bank of America Merrill Lynch |
Timothy Chiodo | Credit Suisse |
David Togut | Evercore ISI |
Good afternoon. My name is Julianne and I will be your conference operator today. At this time, I would like to welcome everyone to PayPal Holdings' Earnings Conference Call for the Fourth Quarter 2022. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.