Zovio Inc (ZVO) CEO Andrew Clark on Q1 2020 Results - Earnings Call Transcript

Apr. 29, 2020 10:36 PM ETZovio Inc (ZVOI)1 Comment
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Zovio Inc (ZVO) Q1 2020 Earnings Conference Call April 29, 2020 5:00 PM ET

Company Participants

Alanna Vitucci - Vice President of Corporate Communications

Andrew Clark - Founder, President & Chief Executive Officer

Kevin Royal - Chief Financial Officer

Conference Call Participants

Alex Paris - Barrington Research

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Zovio Q1 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker today Alanna Vitucci, our VP of Corporate Communications. Thank you. Please go ahead.

Alanna Vitucci

Thank you, and good afternoon. Zovio's first quarter 2020 earnings release was issued earlier today and is posted on the company's website at www.zovio.com. Joining me on the call today are Andrew Clark, Founder, President and Chief Executive Officer; and Kevin Royal, Chief Financial Officer.

We would like to remind you that some of the statements we make today may be considered forward-looking, including statements regarding new enrollment growth, student retention, education partnerships and other programs and services, our ability to meet all required conditions and obtain all required approvals to close on the planned separation and conversion of Ashford University and on our current planned timing to do so, our ability to transition to become an education technology services company, our ability to grow through acquisitions, our abilities to successfully integrate and leverage acquired companies, future revenue growth EBITDA, financial and related guidance and commentary regarding fiscal year 2020 and later.

These forward-looking statements are subject to a number of risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.

Please

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