DENTSPLY SIRONA Inc.

Good day, and thank you for standing by. Welcome to the first quarter 2021 earnings conference call for Dentsply Sirona. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star zero. I will now let the hand of conference over to your speaker today, Carrie Dixon. Thank you. Please go ahead.

Thank you, Tamiya, and good morning, everyone. Welcome to our first quarter 2021 earnings conference call. I'd like to remind you that an earnings call press release and slide presentation related to the call are available at our website at www.densupplyserona.com. Before we begin, please take a moment to read the forward-looking statements in our earnings press release. During today's call, we make certain predictive statements that reflect our current views about future performance and financial results. We base these statements and certain assumptions and expectations on future events that are subject to risks and uncertainties. Our most recent Form 10-K lists some of the most important risk factors that could cause actual results to differ from our predictions. In today's conference call, our remarks will be based on non-GAAP financial results. We believe that non-GAAP financial measures provide investors with useful supplemental information about financial performance of our business, enable the comparison of financial results between periods where certain items may vary independently of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business. Please refer to our press release for the reconciliation between GAAP and non-GAAP results. And with that, I'd like to now turn the call over to Don Casey, our Chief Executive Officer.

Thank you, Carrie, and thank all of you for joining us this morning. I hope you're all safe and well. We are pleased with our performance this quarter. The dental market continues to show a gradual recovery, highlighting its underlying strength and attractiveness. Dentists have shown real resilience and a commitment to their patients during the pandemic and now in the recovery. And we are very proud of how our team has continued to support our customers as patient volumes have improved. I want to thank all the Dentsply Sirona employees around the globe. Their performance has been remarkable. They've kept our workplaces safe and operating. They've delivered for our customers and have kept making progress on key company initiatives. It is a privilege to be part of this organization. On today's call, Jorge and I will focus on three things. The first is our results for the quarter. That will be followed by a revised guidance for 2021. And we will finish the call updating our operating priorities with a focus on our long-term growth plans. Now moving to slide six. We are pleased with our performance in the first quarter. Revenues reached $1.027 billion, up 12.1% on an organic basis. In the first quarter, we continued to be disciplined around expenses, resulting in an adjusted operating margin of 21.3%, up 630 basis points versus the prior year. Adjusted non-GAAP EPS was 72 cents, up 67% versus last year. Other actions taken by the team helped generate positive cash flow from operations of $49 million. To provide details of our performance for the quarter, I will now turn the call over to Jorge.