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PRA Group, Inc. (PRAA) CEO Kevin Stevenson on Q2 2018 Results - Earnings Call Transcript

Aug. 07, 2018 8:55 PM ETPRA Group, Inc. (PRAA)
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PRA Group, Inc. (NASDAQ:PRAA) Q2 2018 Results Earnings Conference Call August 7, 2018 5:00 PM ET


Darby Schoenfeld - VP of IR

Kevin Stevenson - President and CEO

Pete Graham - EVP and CFO


David Scharf - JMP Securities

Bob Napoli - William Blair

Eric Hagen - KBW

Mark Hughes - SunTrust

Robert Dodd - Raymond James


Good day, and welcome to the PRA Group Conference Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Darby Schoenfeld, VP of Investor Relations. Please go ahead.

Darby Schoenfeld

Thank you. Good afternoon, everyone, and thank you for joining us. With me today are Kevin Stevenson, President and Chief Executive Officer; and Pete Graham, Executive Vice President and Chief Financial Officer. We will make forward-looking statements during the call, which are based on management's current expectations. We caution listeners that these forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from our expectations. Please refer to the earnings press release and our SEC filings for a detailed discussion of these factors.

The earnings release, the slide presentation that we will use during today's presentation and our SEC filings can be found on the Investor Relations section of our website at www.pragroup.com. Additionally, a replay of this call will be available shortly after its conclusion, and the information needed to listen is in the earnings press release. All comparisons mentioned today will be between Q2 of 2018 and Q2 of 2017, unless otherwise noted.

I'd now like to turn the call over to Kevin Stevenson, our President and Chief Executive Officer.

Kevin Stevenson

Well, thank you, Darby, and good afternoon, everyone. Thank you for joining our second quarter 2018 conference call.


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