SmileDirectClub (SDC) Tops Q3 EPS by 9c, Sales Beat
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Smile Direct Club Reports Third Quarter 2019 Financial Results
November 12, 2019 4:05 PM ESTNASHVILLE, 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