SmileDirectClub: Q1 Earnings Snapshot
NASHVILLE, Tenn. (AP) _ SmileDirectClub Inc. (SDC) on Monday reported a loss of $22.6 million in its first quarter.
The Nashville, Tennessee-based company said it had a loss of 19 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The direct-to-consumer teeth-straightening company posted revenue of $151.6 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $136.7 million.