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Anna G's Avatar
published in Blogs
Aug 10, 2021
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SmileDirectClub (SDC, $5.12) misses Q2 expectations

Shares of SmileDirectClub  dropped on Tuesday, followed by second quarter results that came in lower than expected by analysts.

The teledentistry company’s second-quarter net loss of -14 cents a share was wider than the -12 cents a share anticipated by analysts surveyed by FactSet. Revenue came in at $174.2 million, compared to $198.5 million expected by analysts polled by FactSet.

For the year, the company projects a revenue range of $750 million to $800 million. FactSet's poll reveals analysts’ expectation of $783.4 million.

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