Strayer Education's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Strayer Education (STRA)

Q4 2011 Earnings Call

February 16, 2012 10:00 am ET

Executives

Sonya G. Udler - Senior Vice President of Corporate Communications

Robert S. Silberman - Chairman of the Board and Chief Executive Officer

Karl McDonnell - President, Chief Operating Officer and Director

Analysts

Jeffrey P. Meuler - Robert W. Baird & Co. Incorporated, Research Division

Brandon Burke Dobell - William Blair & Company L.L.C., Research Division

Suzanne E. Stein - Morgan Stanley, Research Division

George K. Tong - Piper Jaffray Companies, Research Division

Sara Gubins - BofA Merrill Lynch, Research Division

Gary E. Bisbee - Barclays Capital, Research Division

Jerry R. Herman - Stifel, Nicolaus & Co., Inc., Research Division

Jeffrey M. Silber - BMO Capital Markets U.S.

Corey Greendale - First Analysis Securities Corporation, Research Division

Jeffrey Y. Volshteyn - JP Morgan Chase & Co, Research Division

Trace A. Urdan - Wunderlich Securities Inc., Research Division

Patrick Elgrably - Crédit Suisse AG, Research Division

Presentation

Operator

Good morning, everyone, and welcome to Strayer Education Inc's Fourth Quarter and Full Year 2011 Earnings Results Conference Call. This call is being recorded. [Operator Instructions] At this time for opening remarks and introductions, I'd like to turn the call over to Strayer Education Senior Vice President of Corporate Communications, Ms. Sonya Udler. Ms Udler, please go ahead.

Sonya G. Udler

Thank you, operator. With us today to discuss the results are Robert Silberman, Chairman and Chief Executive Officer for Strayer Education; and Karl McDonnell, President and Chief Operating Officer. Unfortunately, Mark Brown, our Chief Financial Officer, will not be joining us today due to a death in his family.

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