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Teleflex® Jake Elguicze Contact : Treasurer and Vice President of Investor Relations 610-948-2836 FOR IMMEDIATE RELEASE TELEFLEX REPORTS FIRST QUARTER 2021 RESULTS First quarter 2021 revenues of $ 633.9 million , up 0.5 % versus prior year period on an as - reported basis ; down 2.6 % on a constant currency basis First quarter 2021 GAAP diluted EPS from continuing operations of $ 1.58 , compared to $ 2.78 in the prior year period First quarter 2021 adjusted diluted EPS from continuing operations of $ 2.87 , up 5.5 % versus prior year period Raises 2021 guidance range for GAAP revenue growth from a range of between 10.0 % and 11.5 % to a range of between 10.50 % and 11.75 % Raises 2021 guidance range for constant currency revenue growth from a range of between 8.0 % and 9.5 % to a range of between 8.50 % and 9.75 % Lowers 2021 guidance range for GAAP diluted EPS from continuing operations from a range of between $ 8.15 and $ 8.25 to a range of between $ 8.00 and $ 8.10 Raises 2021 guidance range for adjusted diluted EPS from continuing operations from a range of between $ 12.50 and $ 12.70 to a range of between $ 12.65 and $ 12.85 Announces 2021 Restructuring Plan Exhibit 99.1 April 29 , 2021 Wayne , PA -- Teleflex Incorporated ( NYSE : TFX ) ( the " Company " ) today announced financial results for the first quarter ended March 28 , 2021 . First quarter 2021 net revenues were $ 633.9 million , an increase of 0.5 % compared to the prior year period . Excluding the impact of foreign currency exchange rate fluctuations , first quarter 2021 net revenues decreased 2.6 % over the year ago period . First quarter 2021 GAAP earnings per share from continuing operations decreased 43.2 % to $ 1.58 , compared to $ 2.78 in the prior year period . First quarter 2021 adjusted diluted earnings per share from continuing operations increased 5.5 % to $ 2.87 , compared to $ 2.72 in the prior year period . Liam Kelly , Chairman , President and Chief Executive Officer , said , " The first quarter of 2021 was a strong start to the year for Teleflex , one in which we exceeded our expectations for revenue , led by the performance of the Americas and Asia . Mr. Kelly continued , " In addition to strong first quarter top - line performance , we generated the highest adjusted gross and operating margins since becoming a pure - play medical device company , resulting in an adjusted earnings per share amount of $ 2.87 , which also exceeded expectations . "