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Friday, March 1, 2019

Dentsply Sirona (XRAY) reported earnings on Fri 1 March 19 (b/o)

** charts after earnings **

The dental products company swung to a fourth-quarter profit, beating analysts' forecasts.

YORK, Pa., March 01, 2019 (GLOBE NEWSWIRE) -- DENTSPLY SIRONA Inc. The Dental Solutions Company, today announced its preliminary financial results for the three and twelve months ended December 31, 2018.

  • Reported Q4 revenues of $1,059.7 million, down 2.9%, and down 0.1% on an internal sales growth basis. 
  • Q4 2018 US GAAP EPS of $0.01 vs. a loss of $2.85 in Q4 2017.  Q4 2018 Non-US GAAP EPS of $0.58 compared with Non-US GAAP EPS of $0.82 in Q4 2017.
  • 4Q18 Cash Flow from Operations of $202.1 million, less Capital Expenditures of $51.9 million resulted in 4Q18 Free Cash Flow of $150.2 million.
  • The Company issued 2019 guidance and anticipates 2019 Non-US GAAP adjusted EPS in the range of $2.25 to $2.40.

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