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Dentsply Sirona

MedTech 100 roundup: Industry skyrockets as hot streak continues

January 11, 2021 By Sean Whooley

The medtech industry’s seemingly unstoppable rise over the past several weeks shows no signs of slowing down. For the fourth time in five weeks, and for the third consecutive week, the MassDevice MedTech 100 Index — which includes stocks of the world’s largest medical device companies — hit an all-time high. Previous highs have largely been […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Research & Development, Wall Street Beat Tagged With: Amazon, Berkshire Hathaway, CES, coronavirus, COVID-19, COVID-19 vaccine, Dentsply Sirona, Dept. of Health & Human Services (HHS), Dow Jones, Henry Schein Medical, Hologic, JP Morgan Chase, MedTech 100 Index, PerkinElmer Inc., S&P, Smith+Nephew, Stryker

Dentsply acquires Byte clear aligners for $1.04B

January 5, 2021 By Sean Whooley

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. […]

Filed Under: Business/Financial News, Dental, Featured, Mergers & Acquisitions Tagged With: Byte, Dentsply Sirona

Dentsply Sirona names chief accounting officer

September 1, 2020 By Danielle Kirsh

Dentsply Sirona recently announced that it appointed Ranjit Chadha as chief accounting officer, effective August 31. Chadha will be responsible for the company’s filings with the Securities and Exchange Commission. He replaces Jorge Gomez, who will become the company’s executive VP and chief financial officer. Chadha most recently served as senior VP of corporate financial […]

Filed Under: Business/Financial News Tagged With: Dentsply Sirona

Moody’s lowers its medical device industry earnings forecast

June 15, 2020 By Chris Newmarker

Medical device industry earnings will remain flat over the next 12 to 18 months as people hold off on medical procedures amid the COVID-19 pandemic and resulting recession, according to a new report from Moody’s. Moody’s had previously projected of 2–4% annual growth. “While underlying positive trends remain, including ongoing innovation and favorable longterm demographics, […]

Filed Under: Business/Financial News, Featured, Wall Street Beat Tagged With: Abbott, BD, coronavirus, COVID-19, Dentsply Sirona, Moodys, Stryker, Zimmer Biomet

MedTech 100 roundup: Stocks open strong in May

May 11, 2020 By Sean Whooley

Medtech stocks took a dip as April came to a close, but opened May with a strong week as the COVID-19 pandemic continues to affect the economy. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 83.98 points at the end of last week (May 8). That […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Avanos Medical (formerly Halyard Health), becton dickinson, coronavirus, COVID-19, Dentsply Sirona, Dow Jones, Haemonetics, Henry Schein Inc., Henry Schein Medical, Inogen, MedTech 100 Index, S&P, Smith & Nephew

Dentsply Sirona drops despite Street-beating Q1

May 8, 2020 By Sean Whooley

Dentsply Sirona (NSDQ:XRAY) shares dipped today despite preliminary first-quarter results that topped the consensus forecast. The Charlotte, N.C.-based company posted losses of -$139.9 million, or -63¢ per share, on sales of $874.3 million for the three months ended March 31, 2020, for a bottom-line slide from profits of $39.2 million this time last year on a […]

Filed Under: Business/Financial News, Dental, MassDevice Earnings Roundup, Wall Street Beat Tagged With: coronavirus, COVID-19, Dentsply Sirona

How will coronavirus affect medtech companies that rely on elective surgeries?

March 17, 2020 By Nancy Crotti

One thing is likely to hurt some medtech companies more than others during the coronavirus pandemic: an elective surgical procedure slowdown. This thought had begun to emerge last week among industry watchers, but a pair of tweets over the weekend gained thousands of “likes” and retweets. The American College of Surgeons called for hospitals to […]

Filed Under: Business/Financial News, Featured, Implants, MassDevice Earnings Roundup, Orthopedics, Surgical, Wall Street Beat, Women's Health Tagged With: Abbott, Alcon, Baxter, becton dickinson, Boston Scientific, Cardinal Health, coronavirus, Danaher Corp., dentsply, Dentsply Sirona, Edwards Lifesciences, Henry Schein Inc., Hillrom, Hologic, Intuitive Surgical, Johnson & Johnson, Medtronic, Owens and Minor, Steris Corp., Stryker, Varian Medical Systems, Zimmer Biomet

Dentsply Sirona beats Street on 4Q sales, misses on earnings

March 2, 2020 By Sean Whooley

Dentsply Sirona (NSDQ:XRAY) shares took a marginal dip today on fourth-quarter results that had mixed results compared to the consensus forecast. The York, Pa.–based dental equipment maker posted profits of $102 million, or 46¢ per share, on sales of $1.1 billion for the three months ended Dec. 31, 2019, for a monstrous bottom-line gain from […]

Filed Under: Business/Financial News, Dental, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Dentsply Sirona

Dentsply Sirona raises guidance as Q3 earnings beat The Street

November 8, 2019 By Sean Whooley

Dentsply Sirona (NSDQ:XRAY) shares are up today on third-quarter results that topped the consensus forecast. The York, Pa.–based dental equipment maker posted profits of $85 million, or 38¢ per share, on sales of $962.1 million for the three months ended Sept. 30, tripling its bottom line from the same quarter last year on sales growth of […]

Filed Under: Dental, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Dentsply Sirona

Dentsply Q2 earnings beat the Street, sales slip

August 2, 2019 By Nancy Crotti

Dentsply Sirona (NSDQ:XRAY) reported second-quarter earnings today that beat the consensus forecast on Wall Street and raised its outlook for the rest of the year. The York, Penn.-based company reported profits of $36.4 million, or 0.16¢ per diluted share, on sales of $1.01 billion for the three months ended June 30, 2019. For the second […]

Filed Under: Blog, Business/Financial News, Dental, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Dentsply Sirona

Report: “Unglamorous” medtech outshines biopharma in 2019

July 31, 2019 By Nancy Crotti

Medtech merger and acquisition deal announcements slowed in the first half of 2019, but the industry got a boost from Verily’s $1 billion round of funding — the largest ever for a medtech firm. The Verily round was twice the size of the biggest-ever VC deal for a biotech company, according to the Vantage Half-Year […]

Filed Under: Blog, Business/Financial News, Featured, Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Abiomed, Danaher Corp., Dentsply Sirona, Evaluate Ltd., Exact Sciences, Siemens, Steris Corp., Straumann Holdings AG, Terumo, Verily

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