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. […]
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SmileDirectClub CFO stepping down
SmileDirectClub (NSDQ:SDC) this week announced that chief financial officer Kyle Wailes has resigned to pursue a CEO position at a healthcare company. Wailes will remain in his role through March 1, 2022, to support the transition of responsibilities. He will continue to own a significant amount of equity in the clear teeth aligner company. “On behalf […]
SmileDirectClub plummets on missed Q2 projections
SmileDirectClub (NSDQ:SDC) posted second-quarter results this week that missed the overall consensus on Wall Street. Nashville, Tenn.-based teledentistry company reported losses of -$55.3 million, or -14¢ per share, on sales of $162.6 million for the three months ended June 30, for a sales growth of 72.22% compared to Q2 2020. Earnings per share were -14¢, 4¢ […]
SmileDirectClub slides on mixed bag Q1
SmileDirectClub (NSDQ:SDC) shares dipped today on first-quarter results that were mixed compared to the consensus forecast. The Nashville, Tenn.-based dental technology company posted losses of $29.9 million, or -25¢ per share, on sales of $188.8 million for the three months ended March 31, 2021, for a -2.3% bottom-line slide on sales growth of 2.6%. Adjusted […]
SmileDirectClub dips on missed Q4 projections
SmileDirectClub (NSDQ:SDC) shares dipped during pre-market trading today on fourth-quarter results that missed the consensus forecast. The Nashville, Tenn.-based company posted losses of -$32.9 million, or -9¢ per share, on sales of $172.6 million for the three months ended Dec. 31, 2020, for a 66.1% bottom-line gain on a sales decline of -6.2%. SmileDirectClub’s EPS of […]
SmileDirectClub prices $650M offering
SmileDirectClub (NSDQ:SDC) announced last week that it priced an offering of convertible senior notes worth $650 million. Nashville, Tenn.-based SmileDirectClub is offering $650 million in aggregate principal amount of 0% convertible senior notes due in 2026, according to a news release. The company increased the offering size from the previously announced $350 million with the intention […]
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 […]
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 […]
Medtech 100 roundup: Stocks dip slightly after strong start to month
Medtech stocks ticked down over the course of last week as the COVID-19 pandemic continues to bear economic ramifications. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 82.4 points at the end of last week (May 15). That total represents a -1.9% decline from the 83.98-point […]
SmileDirectClub sinks on missed Q1 projections
SmileDirectClub (NSDQ:SDC) shares plummetted today on first-quarter results that came in well short of the consensus forecast. The Nashville, Tenn.-based 3D-printed clear dental aligner maker posted losses of $107.4 million on sales of $183.9 million for the three months ended March 31, 2020, for a massive bottom-line slide from losses of $20.5 million last year despite […]
SmileDirectClub stocks plunge amid Q4 losses
SmileDirectClub (NSDQ:SDC) today posted fourth-quarter results that missed the consensus forecast on Wall Street. The Nashville, Tenn.-based company reported losses of -$97.3 million, or -25¢ per share, on sales of $196.7 million for the three months ended Dec. 31, 2019, for a sales growth of 53.1% compared with Q4 2018. Earnings per share were -25¢, 14¢ […]
