Operator
Good day, everyone, and welcome to the Pegasystems First Quarter 2021 Earnings Results Conference Call. Please note that today's call is being recorded. And at this time, I would like to turn things over to Ken Stillwell, COO and CFO. Please go ahead.
Kenneth R. Stillwell --
Chief Operating Officer and Chief Financial Officer
Thank you. Good evening, ladies and gentlemen, and welcome to Pegasystems First Quarter 2021 Earnings Call. Before we begin, I would like to read our Safe Harbor statement. Certain statements contained in this presentation may be construed as forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The words expects, anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, projects, forecasts, guidance, likely and usually, variations of such words and other similar expressions identify forward-looking statements, which speak only as of the date of the statement was made and are based on current expectations and assumptions. Because such statements deal with future events, they are subject to various risks and uncertainties.