Operator: Good day, ladies and gentlemen, and welcome to the LinkedIn First Quarter 2012 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. As a reminder, this conference call is being recorded.
I would now like to hand the conference over to Mr. Matt Sonefeldt, (indiscernible) Manager for Investor Relations. Sir, you may begin.
Matt Sonefeldt - IR: Good afternoon. Welcome to LinkedIn's first quarter of 2012 earnings call. Joining me today to discuss our results are CEO, Jeff Weiner and CFO, Steve Sordello.
Before we begin, I would like to take this opportunity to remind you that during the course of this conference call, management will make forward-looking statements which are subject to various risks and uncertainties. These include statements relating to the expected number of growth in member engagements, the number of searches by our members, our product offerings, the macroeconomic climate, potential impact of acquisitions on our business, the results of our research and development efforts, including the acceleration of our product deployment process, which is revenue, including revenue growth rate, adjusted EBITDA, depreciation and amortization, and stock-based compensation, share dilution, taxes, as well as sales channel mix and hiring plans, R&D expense and expectations for certain markets in the first quarter.
Actual results may differ materially from the results predicted and the reported results should not be considered as an indication of future performance. A discussion of risks and uncertainties related to our business is contained in our filings with the Securities and Exchange Commission, in particular, the section titled 'Risk Factors' in our quarterly and annual reports, and we refer you to these filings.
Also, I would like to remind you that during the course of this conference call we will discuss non-GAAP measures in talking about the Company's performance. Reconciliations to the mostly directly comparable GAAP financial measures are provided in the tables in the press release. This call is also being broadcast on the Internet and is available through the Investor Relations section of the LinkedIn website.
With that, I'll turn the call over to Jeff.
Jeff Weiner - CEO: Thank you, Matt, and welcome to today's conference call. I will start by summarizing the operating results for the first quarter and I'll recap some of the highlights and key milestones since our last call. I'll then turn it over to Steve for a more detailed look at the numbers and outlook.
The first quarter of 2012 was as a solid one, building on the Company's momentum in 2011. We saw strength across all of our key metrics, from member signups to platform engagement, introduced several new and updated products for our members and customers and drove significant growth across all three of our revenue streams.
For Q1, overall revenues grew 101% to a record $188 million, marking the seventh straight quarter in which our revenues have at least doubled over the prior year. We delivered adjusted EBITDA of $38 million translating to non-GAAP EPS of $0.15. Cumulative membership grew 58% year-over-year to 161 million members at the end of the first quarter as we continued to add approximately two member signups per second. Of the more than 15 million new members added during Q1 two-thirds came from outside the United States, underscoring LinkedIn's global reach. Today 61% of LinkedIn members are now from international markets with some of our fastest growth coming from Latin America, Asia-Pacific and Southern Europe.