=SmileDirectClub (SDC) reported earnings on Tue 12 Nov 19 (a/h)

SmileDirectClub reports Q3 loss of ($0.89)/share, beats on revs; guides FY19 revs in-line

Reports Q3 (Sep) GAAP loss of $0.89 per share, may not compare to the S&P Capital IQ Consensus of ($0.87); revenues rose 50.5% year/year to $180.2 mln vs the $165.3 mln S&P Capital IQ Consensus.

Reports Adjusted EBITDA of ($45.2) mln.

Third quarter unique aligner shipments of 106,070, compared to 72,387 in 3Q18.

Average aligner gross sales price  of $1,788 compared to $1,773 in 3Q18.

Co issues in-line guidance for FY19, sees FY19 revs of $750-$755 vs. $745.94 mln S&P Capital IQ Consensus. Adjusted EBITDA is expected between ($73)-($80) mln.