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Career Education's (CECO) CEO Todd Nelson on Q1 2018 Results - Earnings Call Transcript

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Career Education Corporation (CECO) Q1 2018 Results Earnings Conference Call May 2, 2018 5:30 PM ET


Sam Gibbons - IR

Todd Nelson - President and CEO

Ashish Ghia - Senior Vice President and Chief Financial Officer


Peter Appert - Piper Jaffray

Greg Pendy - Sidoti


Good day and welcome to the Career Education Corporation's First Quarter Earnings Conference Call and Webcast. All participants will be in listen only mode. [Operator Instructions]. Please note, this event is being recorded.

I would now like to turn the conference call over to Mr. Sam Gibbons, Investor Relations. Mr. Gibbons, the floor is yours sir.

Sam Gibbons

Thank you, Mike. Good afternoon, everyone, and thank you for joining us. With me on the call today is Todd Nelson, President and Chief Executive Officer; and Ashish Ghia, Senior Vice President and Chief Financial Officer. This conference call is being webcast live within the Investor Relations section at careered.com. A webcast replay will also be available on our site, and you can always contact the Alpha IR Group for Investor Relations support.

Let me remind you that this afternoon's earnings release and remarks made today include forward-looking statements as defined in Section 21E of the Securities Exchange Act. These statements are based on assumptions made by and information currently available to Career Education and involve risks and uncertainties that could cause actual future results, performance and business prospects and opportunities to differ materially from those expressed in or implied by these statements.

These risks and uncertainties include, but are not limited to, those factors identified in Career Education's Annual Report on Form 10-K for the year ended December 31, 2017, and other filings with the Securities and Exchange Commission. Except as expressly required by the securities laws, the company undertakes no obligation to update those factors or any forward-looking

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