SmileDirectClub Reports Second Quarter 2020 Financial Results
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SmileDirectClub (SDC) Tops Q2 EPS by 1c, Revenue Beats, Offers Outlook
August 12, 2020 4:10 PM EDT(Updated - August 12, 2020 4:29 PM EDT)
(Updated - August 12, 2020 4:29 PM EDT)
(Updated with EPS excluding charges)
SmileDirectClub (NASDAQ: SDC) reported Q2 EPS of ($0.13), $0.01 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $107 million versus the consensus estimate of $84.19 million.
(1) Includes one-time charges of approximately $(43) million related to lease abandonment, impairment of long-lived assets, other related charges, and loss on extinguishment of debt. Excluding such charges, second quarter net... More