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Career Education's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Career Education Corporation (CECO)

Q2 2012 Earnings Call

August 1, 2012 11:00 AM ET

Executives

Mike Graham – EVP and CFO

Steve Lesnik – President and CEO

Analysts

Jeff Silber – BMO Markets

Sara Gubins – Bank of America

Jerry Herman – Stifel Nicolaus

Brandon Dobell – William Blair

Thomas Allen – Morgan Stanley

Jeff Meuler – Baird & Company

Corey Greendale – First Analysis

James Samford – Citigroup

Presentation

Operator



Welcome to the Career Education Corporation’s Second Quarter 2012 Earnings Conference Call. My name is Christine and I will be your operator for today’s conference. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session. Please note today’s conference is being recorded.

I will now turn the call over to Mike Graham, Executive Vice President and Chief Financial Officer. Sir, you may begin.

Mike Graham



Thank you, Christine. Good morning, everyone, and thank you for joining us on our second quarter 2012 earnings call. Also with me on the call this morning is Steve Lesnik, our President and Chief Executive Officer.

Following the remarks made by Steve and I, the call will be opened for analysts and investor questions. This conference call is being webcast live within our Investor Relations section of our website at careered.com. A replay of this call will also be available on our site. If we don’t get to your question during the call, please call our Investor Relations department at 847-585-3899.

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