Good morning, everyone. Welcome to Day 2 of the Morgan Stanley TMT Conference. My name is Erik Woodring. I lead the U.S. IT hardware practice here at Morgan Stanley. I'm delighted to be joined by ...

Foreign currency movements continue to be a material headwind, especially in Q1 and to a lesser extent Q2, with U.S. revenue growth in Q4 only 11% reported but 18% constant currency. Sports ...

Revenue for the year grew 11% to $99,000,000, driven by increased member count and higher ARPU. Gross margin for the year improved 100 basis points to 87.1% from 86.1%.