Houlihan Lokey, Inc.

Good day, ladies and gentlemen. Thank you for standing by. Welcome to Houlihan-Loki's second quarter fiscal 2020 earnings conference call. I will now turn the call over to Christopher Crane, Houlihan-Loki's general counsel.

Christopher Crane, Houlihan- Thank you, operator, and hello, everyone. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. Please note 2019. By now, everyone should have access to our second quarter fiscal 2020 earnings release, which can be found on the Houlihan-Loki website at www.hl.com in the investor relations section. Before we begin our formal remarks, we need to remind everyone that the discussion today will include forward-looking statements. These forward-looking statements Use of words such as will, expect, anticipate, should, or other similar phrases are not guarantees of future performance. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect, and therefore, you should exercise caution when interpreting and relying on them. We refer all of you to our recent SEC filings for a more detailed discussion of risks that could impact

and financial condition.