SmileDirectClub Reports First Quarter 2020 Financial Results

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SmileDirectClub (SDC) Misses Q1 EPS by 9c, Revenues Miss

May 13, 2020 4:06 PM EDT

SmileDirectClub (NASDAQ: SDC) reported Q1 EPS of ($0.28), $0.09 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $197 million versus the consensus estimate of $219.52 million.

First Quarter 2020 Financial Highlights

First quarter total revenue increased 11%, over the first quarter of 2019, to $197 million.First quarter net loss of $(107) million.First quarter Adjusted EBITDA of... More