DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Q2 2024 Earnings Call July 31, 2024 8:30 AM ET

Company Participants

Andrea Daley - Investor Relations
Simon Campion - Chief Executive Officer
Glenn Coleman - Chief Financial Officer

Conference Call Participants

Brandon Vazquez - William Blair
Dylan Finley - UBS
David Saxon - Needham & Company
Elizabeth Anderson - Evercore ISI
Dan Clark - Leerink
Jon Block - Stifel
Jeff Johnson - Baird
Jason Bednar - Piper Sandler
Allen Lutz - BoA

Operator

Good day and thank you for standing by. Welcome to the DENTSPLY SIRONA Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your first speaker today, Andrea Daley. Please go ahead.

Andrea Daley

Thank you, operator and good morning everyone. Welcome to the DENTSPLY SIRONA second quarter 2024 earnings call. Joining me for today’s call is Simon Campion, Chief Executive Officer; and Glenn Coleman, Chief Financial Officer.

I’d like to remind you that an earnings press release and slide presentation related to the call are available in the Investors section of our website at www.dentsplysirona.com. Before we begin, please take a moment to read the forward-looking statements in our earnings press release. During today’s call, we may 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 recently filed Form 10-K and any updated information in subsequent SEC filings, lists some of the most important risk factors that could cause actual results to differ from our predictions. Additionally, on today’s call, our remarks will be based on non-GAAP financial results. We believe that non-GAAP financial measures offer investors valuable additional insights into our business’ financial performance, enabled the comparison of financial results between periods where certain items may vary independently of business performance and enhance the transparency regarding key metrics, utilized by management and operating our business. Please refer to our press release for the reconciliation between GAAP and non-GAAP results. Comparisons provided are to the prior year quarter unless otherwise noted. A webcast replay of today’s call will be available on the Investors section of the company’s website following the call.

And with that, I would now like to turn the call over to Simon.

Simon Campion

Thank you, Andrea, and thank you all for joining us this morning for our Q2 2024 earnings call. I will start by providing an overview of our Q2 performance, give an update on the previously announced transformation work, and share information about new initiatives and investments we have been planning. Then Glenn will cover Q2 financial results and our full year 2024 outlook. I will finish with a brief strategic operating update.