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SmileDirectClub: Q1 Earnings Snapshot

May 9, 2022 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SDC at https://www.zacks.com/ap/SDC