Martin Mucci | President & CEO |
Efrain Rivera | CFO |
Damian Wille | Barclays |
David Togut | Evercore ISI |
Steven Wald | Morgan Stanley |
Jason Kupferberg | Bank of America |
Kevin McVeigh | Credit Suisse |
Andrew Nicholas | William Blair |
Bryan Keane | Deutsche Bank |
Bryan Bergin | Cowen |
Jeff Silber | BMO Capital Markets |
Lisa Ellis | MoffettNathanson |
Samad Samana | Jefferies |
Kartik Mehta | Northcoast Research |
Tien-tsin Huang | JPMorgan |
Mark Marcon | Baird |
Pete Christiansen | Citigroup |
Good morning. My name is Lisa and I will be your conference operator today. At this time, I would like to welcome everyone to the Paychex Fourth Quarter and Year-End Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session.