SmileDirectClub: Q2 Earnings Snapshot

August 8, 2022 GMT

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.


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