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SmileDirectClub (SDC) Tops Q3 EPS by 9c, Sales Beat

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Smile Direct Club Reports Third Quarter 2019 Financial Results

November 12, 2019 4:05 PM EST

NASHVILLE, Tenn., Nov. 12, 2019 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (NASDAQ: SDC) today announced its financial results for the quarter ended September 30, 2019.

Third Quarter 2019 Financial Highlights

Third quarter total revenue increased $60.5 million, or 50.6%, over the third quarter of 2018, to $180.2 million.Third quarter net loss of $(387.6) million.Third quarter Adjusted EBITDA of $(45.2) million.Third quarter diluted EPS of $(0.89).

Key Operating Metrics

Third quarter unique aligner shipments of 106,070, compared to 72,387 in the third quarter of... More