Moderna (Nasdaq:MRNA) CFO Jorge Gomez is gone from his new job effective immediately, the COVID-19 vaccine maker said today. Cambridge, Massachusetts–based Moderna said the departure comes after Gomez’s former employer, Dentsply Sirona (Nasdaq: XRAY), announced an “ongoing internal investigation into certain matters, including financial reporting,” Moderna said in a news release. Get the full story […]
Dentsply Sirona
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 […]
Dentsply Sirona announces $150M accelerated share repurchase
Dentsply Sirona (Nasdaq: XRAY) said today that it has entered into an accelerated share repurchase agreement with Bank of America, National Association to repurchase $150 million of its common stock. The agreement will be completed under Dentsply Sirona’s present share repurchase authorization. The accelerated share repurchase agreement has Dentsply Sirona initially receiving delivery of roughly […]
Dentsply Sirona slides as Q4 earnings miss Wall Street expectations
Dentsply Sirona (NDSQ:XRAY) shares dipped today on fourth-quarter results that came up shy of the consensus forecast. XRAY shares were down more than 7% at $54.49 per share in by later afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was down slightly. The Charlotte, […]
Dentsply Sirona beats The Street in Q3 results
Dentsply Sirona (NSDQ:XRAY) posted third-quarter results this week that beat the overall consensus on Wall Street. The Charlotte, N.C.-based company reported profits of $103 million, or 47¢ per share, on sales of $1.07 billion for the three months ended September 30, for a bottom-line gain of 94.3% on sales growth of 19.44% compared with Q3 2020. […]
Dentsply Sirona slides on Street-beating Q2 results
Dentsply Sirona (NSDQ:XRAY) posted second-quarter results today that beat the overall consensus on Wall Street. The Charlotte, N.C.-based company reported profits of $99 million, or 45¢ per share, on sales of $1.07 billion for the three months ended June 30 for a sales growth of 117.31% compared with Q2 2020. Adjusted to exclude one-time items, earnings […]
Dentsply Sirona beats The Street in Q1 results, raises guidance
Dentsply Sirona (NSDQ:XRAY) posted first-quarter results today that beat the overall consensus on Wall Street. The Charlotte, N.C.-based dental equipment manufacturer reported profits of $117 million, or 53¢ per share, on sales of $1.027 billion for the three months ended March 31, versus a loss of –$140 million, or –63¢ per share, off sales of $874 […]
8 medical device companies that beat the COVID-19 pandemic and prospered
Some medical device businesses not only survived the COVID-19 pandemic but actually thrived — with many producing the medtech needed to fight the coronavirus’s spread. Medical Design & Outsourcing recently analyzed financials for 20 of the largest medical device businesses in the world. Not only was revenue only slightly down for the 20 during 2020, but it was […]
How big medtech fared during a year of COVID-19
Despite numerous challenges, the medtech industry showed itself to be fairly recession-proof in 2020, according to a Medical Design & Outsourcing/MassDevice analysis of financials. Annual reports recently released by 20 of the world’s largest medical device companies showed only a slight dip in revenue during 2020 — a year in which medtech held the front lines against […]
Dentsply Sirona skyrockets on Street-beating Q4
Dentsply Sirona (NSDQ:XRAY) shares soared this morning on fourth-quarter results that easily topped the consensus forecast. XRAY shares were up 13.7% at $60.35 per share in mid-morning trading today. The Charlotte, N.C.-based dental solutions company posted profits of $99 million, or 45¢ per share, on sales of $1.1 billion for the three months ended Dec. 31, […]
