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

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SmileDirectClub Reports First Quarter 2020 Financial Results

May 13, 2020 4:06 PM EDT

NASHVILLE, Tenn., May 13, 2020 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (NASDAQ: SDC) today announced its financial results for the first quarter ended March 31, 2020.

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 $(67) million. First quarter diluted EPS of $(0.28).

Key Operating Metrics

First quarter 2020 unique aligner shipments up 12%... More