Operator: Hello, and thank you for standing by. My name is Danny, and I will be your conference operator today. At this time, I would like to welcome everyone to Perdoceo Education Corporation’s Third Quarter 2025 Earnings Conference Call.

[Operator Instructions]

I would now like to turn the conference over to Nick Nelson with Alpha IR Group. You may begin.

**Nicholas Nelson:** Thank you, operator. Good afternoon, everyone, and thank you for joining us for our third quarter 2025 earnings call.

With me on the call today is Todd Nelson, President and Chief Executive Officer; and Ashish Ghia, Chief Financial Officer.

This conference call is being webcast live within the Investor Relations section of the company’s website at **perdoceoed.com**. A webcast replay will also be available on our site for 90 days following the call.

You can always contact the Alpha IR Group for Investor Relations support.

Let me remind you that this afternoon’s earnings release and remarks made today include forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended.

These statements are based on assumptions made by and information currently available to Perdoceo Education, and involve risks and uncertainties that could cause actual future results, performance, business prospects, and opportunities to differ materially from those expressed in or implied by these forward-looking statements.

These risks and uncertainties include, but are not limited to, the factors identified in Perdoceo’s most recent annual report on Form 10-K and subsequent filings with the Securities and Exchange Commission.

Except as expressly required by the securities laws, the company undertakes no obligation to update any forward-looking statements made today.

Thank you, and now I will turn the call over to Todd Nelson.
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