Steris (NYSE:STE) shares ticked up today on fourth-quarter financial results that came in just ahead of the consensus forecast. The infection prevention technology company — headquartered in Dublin, Ireland and run operationally out of Mentor, Ohio — posted profits of $52.3 million, or 52¢ per share, on sales of $1.2 billion for the three months ended […]
Dental
SmileDirectClub shares slide on mixed-bag Q1 results
SmileDirectClub (NSDQ:SDC) this week posted first-quarter results that beat the revenue consensus on Wall Street and missed earnings estimates. The Nashville, Tennessee-based dental aligner maker reported losses of $73.2 million, or -19¢ per share, on sales of $151.6 million for the three months ended March 31, on sales loss of 23.97% compared with Q1 2021. […]
Envista rises on Street-beating Q1 results
Envista (NYSE:NVST) shares are on the rise on first-quarter results that came in ahead of the consensus forecast. The Brea, California-based dental technology company posted profits of $74.9 million, or 42¢ per share, on sales of $631.4 million for the three months ended April 1, 2022, for a 4.5% bottom-line gain on sales growth of […]
Henry Schein posts Street-beating Q1 results
Henry Schein (Nasdaq:HSIC) today posted first-quarter results that beat the overall consensus forecast on Wall Street. The Mellville, N.Y.-based dental supplier reported profits of $181 million, or $1.30 per share, on sales of $3.2 billion, for the three months ended March 26, for a bottom-line gain of 9% on sales growth of 8.7% compared with […]
Align Technology stock up on $200M buyback
Align Technology (NSDQ:ALGN) today announced that it entered a new accelerated stock repurchase agreement worth up to $200 million. Tempe, Arizona-based Align may repurchase $200 million of common stock under the $1 billion stock repurchase program announced in May last year. CEO Joe Hogan intends to purchase $2 million of Align’s common stock as well. […]
Dentsply Sirona sacks its CEO
Dentsply Sirona (Nasdaq: XRAY) announced today that it has fired CEO Don Casey, who has held the corner office at the dental products and technologies company since 2018. XRAY shares were down more than 13% to $42.20 apiece by today’s close of trading. Board member John Groetelaars, who was CEO of Hillrom until its acquisition […]
Dentsply CFO Jorge Gomez leaves to assume same role at Moderna
Moderna (Nasdaq:MRNA) announced today that it appointed Jorge Gomez as its new chief financial officer. Gomez resigned as CFO of Dentsply Sirona (Nasdaq:XRAY), effective May 6, to assume the same role at Cambridge, Massachusetts-based Moderna. He will join effective May 9. Dentsply Sirona said in a news release that it is initiating a search process […]
Henry Schein announces chief administrative officer retirement, names COO
Henry Schein (Nasdaq:HSIC) today announced that chief administrative officer Gerald Benjamin is retiring and the company promoted Michael Ettinger to chief operating officer. Benjamin’s retirement will take effect on July 1 after 34 years with the Mellville, N.Y.-based company. Meanwhile, Ettinger will be promoted to EVP and COO, effective July 1, and will report directly […]
Henry Schein promotes Jennifer Ferrero to corporate secretary
Henry Schein (Nasdaq:HSIC) today announced that it appointed Jennifer Ferrero as VP, senior counsel and corporate secretary, effective July 1. In her new role, Ferrero will be responsible for managing corporate governance activities, board activity and other related matters. She previously served as the company’s VP, senior counsel, corporate and deputy secretary. “Jennifer is widely […]
ZimVie ticks up on 2021 revenue beat, reaffirms 2022 guidance
ZimVie (NASDAQ:ZIMV) shares rose slightly this morning on full-year 2021 revenues that came in ahead of the consensus forecast. Full-year revenues for the company topped $1 billion, beating Wall Street projections by more than $20 million. The new Zimmer Biomet (NYSE:ZBH) spinoff of its spine and dental businesses posted fourth-quarter losses of $60.7 million on […]
9am.health partners with Ascensia to add blood glucose meter to diabetes toolkit
9am.health announced today that it now offers the Ascensia Diabetes Care Contour Next One and Contour Next products in its diabetes kit. Patients with type 2 diabetes and prediabetes can now add Ascensia’s Contour Next One blood glucose meter and Contour Next glucose test strips to a personalized treatment plan as part of the all-in-one virtual diabetes care […]