Dentsply Sirona (XRAY) Tops Q2 EPS by 1c, Cuts FY EPS Guidance

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Dentsply Sirona Reports Second Quarter 2018 Results

August 7, 2018 6:30 AM EDT

Reported Q2 revenues of $1,042.1 million, up 5.0% compared to prior year; constant currency growth1 of 1.3%Q2 2018 GAAP EPS of ($4.98) with Q2 2018 non-GAAP adjusted EPS of $0.60 Updated 2018 guidance: non-GAAP adjusted EPS in the range of $2.00 to $2.15*Cash flow from operations of $117 million, compared to $126 million in Q2 2017 Announced a Goodwill and Intangible impairment of $1.3 billionRepurchased 5.4 million shares for a total of $250 millionFocused on significant restructuring through remainder of... More