Laureate Education, Inc. (LAUR) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.035 and thank you for standing by. Welcome to the Laureate Education Third Quarter 00:00:05.035 -- 00:00:10.340 2025 Earnings Conference Call. At this time, all participants 00:00:10.340 -- 00:00:14.864 are in a listen-only mode. After the speaker's presentation, there will be a question 00:00:14.864 -- 00:00:19.468 and answer session. To ask a question during the session, you will need to press star 00:00:19.468 -- 00:00:24.653 1 1 on your telephone. You will then hear an automated message advising your hand 00:00:24.653 -- 00:00:29.731 is raised. To withdraw your question, please press star 1 1 again. 00:00:29.731 -- 00:00:33.376 Please be advised that today's conference is being recorded. 00:00:33.376 -- 00:00:38.683 I would now like to hand the conference over to your speaker today, Adam Morse, Senior 00:00:38.683 -- 00:00:43.467 Vice President of Finance. Please go ahead. 00:00:43.710 -- 00:00:48.497 Good morning, and thank you for joining us on today's call to discuss Laureate Education's 00:00:48.497 -- 00:00:53.064 third quarter and year-to-date 2025 results. 00:00:53.064 -- 00:00:58.148 Joining me on the call today are Iliff Sarkanson, President and Chief Executive Officer, 00:00:58.148 -- 00:01:01.712 and Rick Buskirk, Chief Financial Officer. 00:01:01.712 -- 00:01:05.537 Our earnings press release is available on the Investor Relations section of our website 00:01:05.537 -- 00:01:08.358 at laureate.net. 00:01:08.361 -- 00:01:12.866 We've also posted a supplementary presentation to the website, which we'll be referring 00:01:12.866 -- 00:01:15.369 to during today's call. 00:01:15.369 -- 00:01:21.174 Call is being webcast, and a complete recording will be available after the call. 00:01:21.317 -- 00:01:25.602 I would like to r...