Cory Carpenter
JPMorgan Chase & Co, Research Division

All right. I think we'll get started. Good afternoon, everyone. Cory Carpenter, Internet analyst at JPMorgan. Pleased to have Steve Bailey, CFO of Match Group. Thanks for joining.

Steven Bailey
Chief Financial Officer

Happy to be here.

Cory Carpenter
JPMorgan Chase & Co, Research Division

So starting with safe -- Match's safe harbor. During this presentation and during the question-and-answer session, we may discuss our outlook and future performance. These forward-looking statements may be preceded by words such as we expect, we believe, we anticipate or similar statements. These statements are subject to risks and uncertainties, and our actual results could differ materially from the views expressed today. Some of these risks have been set forth in our periodic reports filed with the SEC.

Also today, we may discuss certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided in the published materials on our IR website. These non-GAAP measures are not intended to be a substitute for our GAAP results.

Cory Carpenter
JPMorgan Chase & Co, Research Division

Are you timing me? Okay. So let's see, go into questions. So let's start, look, I mean, I think it's no secret that dating industry has been challenged in recent years. So what's your view on the state of the industry? What would you tell investors who may still be skeptical on the growth outlook for it?

Steven Bailey
Chief Financial Officer

Yes. It has been challenging as a category as a whole. It's not unique to Match