Henry Schein (NSDQ:HSIC) announced that it acquired a majority ownership position in home medical supply maker Prism Medical Products. Elkin, N.C.-based Prism provides specialty home medical supplies with a core competency in advanced wound care products, according to a news release. The transaction leads Henry Schein Medical to enter an established and growing market for such […]
Dental
Dentsply acquires Byte clear aligners for $1.04B
Dentsply Sirona (NSDQ:XRAY) announced that it acquired clear dental aligner maker Byte in an all-cash deal worth $1.04 billion. According to a news release, Byte possesses a leadership position in the direct-to-consumer clear aligner market, which Dentsply can now add to its SureSmile clear aligner business while strengthening its connection with dental professionals to drive growth. […]
Cantel Medical skyrockets on Street-beating Q1
Cantel Medical (NYSE:CMD) shares skyrocketed today on first-quarter results that comprehensively topped the consensus forecast. Shares of CMD were up 13.6% at $69.99 per share in mid-morning trading today. The Little Falls, N.J.-based company posted profits of $24.5 million, or 57¢ per share, on sales of $297 million for the three months ended Oct. 31, 2020, […]
SmileDirectClub beats The Street in Q3
SmileDirectClub (NSDQ:SDC) shares dipped before hours today on third-quarter results that beat the consensus forecast. The Nashville, Tenn.-based dental aligner maker posted losses of -$44.5 million, or -11¢ per share, on sales of $156.5 million for the three months ended Sept. 30, 2020, for an 88.8% bottom-line gain on a sales decline of -7.2%. Adjusted to […]
Henry Schein beats The Street, reports massive medical revenue growth
Henry Schein (NSDQ:HSIC) reported third-quarter results that included enormous growth for its medical business as it beat the consensus forecast. The Melville, N.Y.-based company posted profits of $141.7 million, or 99¢ per share, on sales of $2.8 billion for the three months ended Sept. 26, 2020, for a 1% bottom-line gain on sales growth of 13.2%. […]
6 early medical devices that might make your spine tingle
Medical Design & Outsourcing has made an annual effort during “spooky season” to shed light on some early medical devices and innovations and the museums that hold them, but this year is a bit different. Last year, we visited the Earl Bakken Museum’s backroom to get a look at early medical devices. A few years ago, we […]
Align Technology skyrockets after hours on strong Q3
Align Technology (NSDQ:ALGN) shares shot straight up after hours today on third-quarter results that beat the consensus forecast. Shares of ALGN were up 25.1% at $420.01 per share after the market closed tonight. The San Jose, Calif.-based company posted profits of $139.4 million, or $1.76 per share, on sales of $734.1 million for the three months […]
Neocis sells $71.8M in equity
Dental robotic surgical system developer Neocis filed an SEC Form D to confirm the sale of more than $71.8 million in equity. Miami-based Neocis made the first sale in the new notice offering on Sept. 25 and completed it yesterday, just 12 days later, according to the filing. The company received participation from 11 investors […]
Cantel Medical dips despite Street-beating Q4
Cantel Medical (NYSE:CMD) shares took a hit today despite fourth-quarter results that topped the consensus forecast. The Little Falls, N.J.-based infection prevention products and services company posted losses of -$2.3 million, or -5¢ per share, on sales of $233.4 million for the three months ended July 31, 2020, for a bottom-line slide into the red on […]
SmileDirectClub sinks on Q2 misses
SmileDirectClub (NSDQ:SDC) shares took a big hit today on second-quarter results that came in behind the consensus earnings forecast. The Nasvhille, Tenn.-based dental aligner maker posted losses of -$94.7 million, or -25¢ per share, on sales of $94.4 million for the three months ended June 30, 2020, for a bottom-line slide from losses of -$32.4 million […]
Henry Schein dips on Q2 losses
Henry Schein (NSDQ:HSIC) shares dipped slightly today on second-quarter losses that still managed to top the consensus forecast. The Melville, N.Y.-based medical device maker posted losses of -$13.3 million, or -8¢ per share, on sales of $1.7 billion for the three months ended June 27, 2020, for a bottom-line slide into the red from profits of […]
