Strayer Education Management Discusses Q2 2012 Results - Earnings Call Transcript

Strayer Education (STRA)

Q2 2012 Earnings Call

July 26, 2012 10:00 am ET

Executives

Sonya G. Udler - Senior Vice President of Corporate Communications

Robert S. Silberman - Chairman and Chief Executive Officer

Mark C. Brown - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Karl McDonnell - President, Chief Operating Officer and Director

Analysts

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

Gary E. Bisbee - Barclays Capital, Research Division

Peter P. Appert - Piper Jaffray Companies, Research Division

Sara Gubins - BofA Merrill Lynch, Research Division

Suzanne E. Stein - Morgan Stanley, Research Division

Corey Greendale - First Analysis Securities Corporation, Research Division

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

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

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

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

Trace A. Urdan - Wells Fargo Securities, LLC, Research Division

Brian Karimzad - Goldman Sachs Group Inc., Research Division

Kelly A. Flynn - Crédit Suisse AG, Research Division

Presentation

Operator

Good morning, everyone, and welcome to Strayer Education Inc. Second Quarter Earnings Results Conference Call. This call is being recorded. Following today's call, we will offer the opportunity for questions and answers. At this time for opening remarks and introductions, I would like to turn the call over to Strayer Education's 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; Karl. McDonnell, President and Chief Operating Officer; and Mark Brown, Executive Vice President and Chief Financial Officer.

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