SmileDirectClub Reports First Quarter 2021 Financial Results
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SmileDirectClub (SDC) Tops Q1 EPS by 1c, Revenues Beat
May 10, 2021 4:14 PM EDTSmileDirectClub (NASDAQ: SDC) reported Q1 EPS of ($0.12), $0.01 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $199 million versus the consensus estimate of $197.51 million.
First Quarter 2021 Financial Highlights
First quarter total revenue of $199 million, up 8% over the fourth quarter of 2020 and 1% over the prior year period.First quarter net loss of $(96) million, a decline of 11% over the prior year period, and includes the $48 million of loss associated with the retirement of the prior debt facility.First quarter Adjusted EBITDA of $5 million, an increase of $72 million over the... More