Santander Consumer USA Holdings Inc. (SC) CEO Mahesh Aditya on Q1 2020 Results - Earnings Call Transcript

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Santander Consumer USA Holdings Inc. (SC) Q1 2020 Earnings Conference Call April 29, 2020 8:30 AM ET

Company Participants

Evan Black - Head of IR
Mahesh Aditya - President & CEO
Fahmi Karam - CFO

Conference Call Participants

Jack Micenko - SIG
Moshe Orenbuch - Credit Suisse
Mark DeVries - Barclays
David Scharf - JMP Securities
Jeff Adelson - Morgan Stanley

Operator

Good morning, and welcome to the Santander Consumer USA Holdings First Quarter 2020 Earnings Conference Call. At this time, all parties have been placed into listen-only mode. Following today's presentation, the floor will be opened for your questions. [Operator Instructions] It is now my pleasure to introduce your host, Evan Black, Head of Investor Relations. Evan, the floor is yours.

Evan Black

Thank you. Good morning. To begin, I just wanted to say on behalf of the team, thank you to everyone that joined the call, obviously on short notice today given yesterday's events. We appreciate the flexibility and look forward to a Q&A at the end. So on the call today we have Mahesh Aditya, our CEO, and Fahmi Karam, our CFO.

As you know certain statements made on today's call maybe forward-looking and we encourage you to look at our risk factors and SEC filings regarding those statements. We'll also probably reference certain non-GAAP financial measures and we believe those are useful to investors. And of course, we'll have a reconciliation of those to U.S. GAAP with the presentation we filed yesterday. With that, I'll turn the call over to Mahesh.

Mahesh Aditya

Thank you, Evan and good morning, everybody. Once again, apologies for the glitch yesterday. And thanks for joining us to review our results for the quarter. Let me start by saying that our thoughts are with those who've been impacted by COVID-19.

In

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