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Operator
Good morning. My name is Jason. I ll be your conference operator today. At this time, I d like to welcome everyone to the Newmark first quarter 2021 earnings conference call. [Operator Instructions] Please note, this event is being recorded. I ll now turn the call over to Jason Harbes, Vice President of Investor Relations. Sir, you may begin when you re ready.
Jason Edward Harbes
Vice President of International Relations
Thank you, and good morning. We issued our first quarter of 2021 financial results press release and our presentation summarizing these results this morning. The results provided on today s call compare only the first quarter of 2021 with the year earlier period, unless otherwise stated. Any figures with respect to cashflow from operations discussed on today s call refer to net cash provided by operating activities, excluding loan originations and sales. We will be referring to our results on this call only on an adjusted earnings basis, unless otherw
Vice President of Investor Relations
Good morning, everyone. I m Kelsey Duffey, Vice President of Investor Relations at Walker & Dunlop. And I would like to welcome you to Walker & Dunlop s first quarter 2021 Earnings Conference Call and Webcast.
Hosting the call today is Willy Walker, Walker & Dunlop Chairman and CEO. He is joined by Steve Theobald, Chief Financial Officer. Today s call is being recorded, and a replay will be available via webcast on the Investor Relations section of our website. [Operator Instructions].
This morning, we posted our earnings release and presentation to the Investor Relations section of our website, www.walkerdunlop.com. These slides serve as a reference point for some of what Willy and Steve will touch on during the call. Please also note that we will reference the non-GAAP financial metric adjusted EBITDA during the course of this call. Please refer to the earnings release posted on our website for a reconciliation of this non-GAAP financial metr