Beth Corinelli
Vice President of Investor Relations
Replay available
Phoenix Education Partners, Inc. (NYSE: PXED) Q4 2025 earnings conference call, held 2025-11-20. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Morgan Stanley
Analyst, BMO Capital Markets
Analyst, Truist Securities
Analyst, Goldman Sachs
Analyst, B. Riley Securities
Analyst, Loop Capital Markets
Thank you for standing by and welcome to the Phoenix Education Partners fourth quarter and full year earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press the star one again. Thank you. I would now like to turn the conference over to Beth Corinelli, Vice President of Inventory Relations. You may begin. Good afternoon and welcome to Phoenix Education Partners' fourth quarter and fiscal year 2025 earnings conference call. Speaking today on the call will be Chris Lynn, Chief Executive Officer, and Blair Westbloom, Chief Financial Officer. Before I hand you over to Chris, please keep in mind that certain statements and projections of future results made in this presentation constitute forward-looking statements that are based on current market, competitive and regulatory expectations and are subject to risks and uncertainties that could cause actual results to vary materially. Listeners should not place undue reliance on such statements. We undertake no obligation to update publicly any forward-looking statement after this presentation, whether a result of new information, future events, changes in assumptions, or otherwise. Please see our public filings, including our latest Form 10-K and earnings press release, filed today and available on our website for a discussion of risk factors that relate to forward-looking statements. In today's presentation, we use certain non-GAAP financial measures. You should consider our non-GAAP results as supplements to and not in lieu of our...