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Wednesday, August 12, 2020

SmileDirectClub (SDC) reported earnings on Wed 12 Aug 20 (a/h)

Reported Q2 results -- co delivered in-line EPS while beating revenue estimates. Unique aligner shipments were 57,136 in Q2, with an average aligner gross sales price of $1,817. Co indicated that it made meaningful progress in expanding core customer acquisition channels, extending its value proposition to teens, and international expansion during the quarter, and co noted that on the cost side, it is "making good progress" toward its Q4 adj. EBITDA profitability goals. At one-month lows.

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