Dentsply Sirona (NSDQ:XRAY) yesterday cleared the deck of its upper management, ousting its chairman, CEO and COO, appointing an interim chief executive and promoting from within for the interim operating chief role. That means chairman Bret Wise, CEO Jeffrey Slovin and COO Christopher Clark are out, replaced temporarily by Eric Brandt, Mark Thierer and Bob […]
Dentsply Sirona
Dentsply Sirona shares steady despite Q2 sales miss
Shares in Dentsply Sirona (NSDQ:XRAY) have fallen slightly today after the medical device maker met earnings per share expectations but missed sales consensus on Wall Street with its 2nd quarter earnings report. The York, Penn.-based company posted losses of $1.1 billion, or $4.58 per share on sales of $992.7 million for the 3 months ended June 30, seeing […]
Dentsply Sirona shares down on Q1 earnings miss
Shares in Dentsply Sirona (NSDQ:XRAY) dropped 3.3% today after the dental device maker missed expectations on Wall Street with its 1st quarter earnings results. The York, Penn.-based company posted profits of $59.7 million, or 26¢ per share, on sales of $900.5 million for the 3 months ended March 31, seeing the bottom-line shrink 52.4% while sales grew […]
Dentsply Sirona shares rise on Q4, FY2016 Beat
Shares in Dentsply Sirona (NSDQ:XRAY) have risen today after the dental device maker met expectations on Wall Street with its 4th quarter and full fiscal year 2016 earnings results. The York, Penn.-based company posted profits of $107 million, or 46¢ per share, on sales of $996.5 million for the 3 months ended Dec. 31, for […]
Dentsply Sirona shares slip despite beating expectations in Q2
Dentsply Sirona (NSDQ:XRAY) reported 2nd quarter earnings that topped The Street, but still saw shares tumble in response. The York, Penn.-based company reported profits of $105 million, or 44¢ per share, on sales of $1 billion for the 3 months ended June 30. That amounts to a massive 139% bottom-line gain as sales expanded 46.4% compared […]
Dentsply Sirona beats expectations with post-merger Q1
Dentsply Sirona (NSDQ:XRAY) topped expectations with its 1st quarterly results since closing closing the $5.6 billion merger in February created the world’s largest dental equipment maker. York, Pa.-based Dentsply Sirona posted profits of $125.0 million, or 70¢ per share, on sales of $772.6 million for the 3 months ended March 31, for profit growth of 95.3% on sales […]
EU anti-trust regulators OK $5.6B Dentsply-Sirona merger
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) won conditional EU approval for their $5.6 billion merger today after agreeing to extend licensing agreements between Sirona and key suppliers. York, Penn.-based Dentsply also agreed to technical and legal safeguards for rival block suppliers and a fast track arbitration process to resolve disputes. “The decision is conditional in particular […]
Dentsply, Sirona shareholders clear $5.56B merger
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said yesterday their shareholders “overwhelmingly” approved their proposed $5.56 billion merger. The companies said that shareholders approved all proposals to complete the merger and the deal remains on track to be completed in the 1st quarter of this year. “We are pleased with the overwhelmingly favorable outcome of […]
Dentsply, Sirona put $5.56b merger to stockholder vote
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said today they plan to put their proposed $5.56 billion merger to a stockholder vote on January 11. Both Dentsply and Sirona released a joint statement on the merger, planning both shareholder meetings for the same day in their respective U.S. headquarters in York, Penn. and New York, N.Y., respectively. The […]
Dentsply-Sirona union passes FTC muster
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said their proposed, $5.56 billion merger-of-equals cleared the U.S. Federal Trade Commission’s waiting period, clearing the way for a close in the 1st quarter of 2016. The merger, announced in September, would create the world’s largest dental equipment maker. It calls for Sirona shareholders to receive 1.8142 XRAY shares […]
Dentsply, Sirona ink $5.6B, all-stock merger-of-equals
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) yesterday said they plan to merge in an all-stock union of equals worth about $5.56 billion, creating the world’s largest dental equipment maker. The deal calls for Sirona shareholders to receive 1.8142 XRAY shares for each SIRO share they own. At roughly $98.06 apiece, that’s about a 0.7% […]