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SmileDirectClub, Inc. (SDC)
- Motley Fool
Why SmileDirectClub Tanked by 11% on Tuesday
For the quarter, SmileDirectClub posted total revenue of $152 million, which was a chunky (20%) improvement over the same period of 2021. This shook out to a mixed quarter for SmileDirectClub, as analysts tracking its stock were estimating it would book slightly over $134 million on the top line, but a slightly narrower per-share net loss of $0.16. "We are off to a good start for 2022 and on plan with the right-sizing of our operating structure and allocating capital to core growth initiatives that can produce the highest return on investment," CEO David Katzman said of the quarter.
- Motley Fool
SmileDirectClub, Inc. (SDC) Q1 2022 Earnings Call Transcript
Before we begin, let me remind you that this conference call includes forward-looking statements. You should not rely on our forward-looking statements as predictions of future events. All forward-looking statements that we make on this call are based on assumptions and beliefs as of today.
- Zacks
SmileDirectClub (SDC) Q1 Earnings Lag Estimates, Margins Fall
SmileDirectClub's (SDC) revenues declined year over year in the first quarter due to a drop in unique aligner shipments.
