SmileDirectClub (SDC) Misses Q2 EPS by 2c, FY Revenue Guidance Misses

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SmileDirectClub Reports Second Quarter 2022 Financial Results

August 8, 2022 4:01 PM EDT

Adjusted EBITDA And CapEx Improvements Drove Improving Cash Flow

NASHVILLE, Tenn., Aug. 08, 2022 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, today announced its financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Financial Highlights

Total revenue of $126 million, a 17.0% decrease over the first quarter of 2022 and a decrease of 27.8% over the prior year period.Net loss... More