SmileDirectClub: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2023, 04:21 PM ET
Last Updated - Aug 08, 2023, 04:21 PM EDT
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — SmileDirectClub Inc. (SDC) on Tuesday reported a loss of $17.8 million in its second quarter.
On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 13 cents.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The direct-to-consumer teeth-straightening company posted revenue of $101.8 million in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $103.4 million.
