SmileDirectClub: Q2 Earnings Snapshot
NASHVILLE, Tenn. (AP) _ SmileDirectClub Inc. (SDC) on Monday reported a loss of $20.3 million in its second quarter.
The Nashville, Tennessee-based company said it had a loss of 17 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The direct-to-consumer teeth-straightening company posted revenue of $125.8 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $145.4 million.