SmileDirectClub (SDC) Misses Q4 EPS by 16c, Offers FY Guidance

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Smile Direct Club Reports Fourth Quarter and Full Year 2019 Financial Results

February 25, 2020 4:04 PM EST

NASHVILLE, Tenn., Feb. 25, 2020 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (NASDAQ: SDC) today announced its financial results for the fourth quarter and year-ended December 31, 2019.

Fourth Quarter 2019 Financial Highlights

Fourth quarter total revenue increased $68 million, or 53.1%, over the fourth quarter of 2018, to $197 million.Fourth quarter net loss of $(97) million.Fourth quarter Adjusted EBITDA of $(60) million.Fourth quarter diluted EPS of $(0.25).

2019 Financial Highlights

FY 2019 total revenue increased $327 million, or 77.3%, over FY 2018, to $750 million.FY 2019 net loss of $(538) million.FY... More