Strayer Education Inc. Q2 2009 Earnings Call Transcript

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2009-07-30 13:40:35.0

Tags: Call, Call Transcript, Earnings, Strayer Education Inc., Replay, Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

Strayer Education Inc. (STRA)

Q2 2009 Earnings Call

July 30, 2009 10:00 am ET

Executives

Sonya Udler – Senior Vice President, Corporate Communications

Rob Silberman – Chairman, Chief Executive Officer

Mark Brown – Executive Vice President, Chief Financial Officer

Analysts

Christina Colone – Morgan Stanley

Andrew Steinerman – JP Morgan

Kevin Doherty – BAS-ML

Ariel Sokol – Wedbush Morgan Securities

Trace Urdan – Signal Hill Group

Kelly Flynn – Credit Suisse

Gary Bisbee – Barclays Capital

Jeff Silber – BMO Capital Markets

Amy Junker – Robert W. Baird & Co

[Bob Whittenhom] – World Bank of Canada

Todd Young – Morningstar

Brandon Dobell – William Blair & Co

Jerry Herman – Stifel Nicolaus & Company

[Mark Skitovich] – [Rosica]

Andrew Fones – UBS

Presentation

Operator

Welcome to the Strayer Education Inc. Second Quarter earnings results conference call. (Operator Instructions). I would now like to turn the call over to Sonya Udler, Senior Vice President, Corporate Communications

Sonya Udler

Good morning, with us today to discuss the results are Robert Silberman, Chairman and Chief Executive Officer for Strayer Education, and Mark Brown, Executive Vice President and Chief Financial Officer.

For those of you that wish to listen to the conference via the Internet, please go to strayereducation.com, where the call will be archived for 90 days. If you are unable to listen to the call in real time, a replay will be available beginning today at 1:00 pm Eastern through Tuesday, August 4th. The replay is available at 888-203-1112, pass code 3969514.

Again, following Strayer's remarks, we will open the call for questions and answers. Please note that today's press release contains statements that are forward looking and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act.

The statements are based on the company's current expectations and are subject to a number of uncertainties and risks that the company has identified in the press release and that could cause the company's actual results to differ materially. Further information about these and other relevant uncertainties may be found in the company's Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission.

And now I'd like to turn the call over to Rob. Rob, please go ahead.

Rob Silberman

Thank you, Sonya. And good morning, ladies and gentlemen. I hope you all enjoyed that musical interlude as much as Mark and I did.

 

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