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Stock impact report

Smile Direct Club Reports Fourth Quarter and Full Year 2019 Financial Results

SmileDirectClub, Inc. (SDC) 
Last smiledirectclub, inc. earnings: 2/25 04:03 pm Check Earnings Report
Company Research Source: GlobeNewswire
NASHVILLE, Tenn., Feb. 25, 2020 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (NASDAQ: SDC) today announced its financial results for the fourth quarter and year-ended December 31, 2019. Fourth Quarter 2019 Financial Highlights Fourth quarter total revenue increased $68 million, or 53.1%, over the fourth quarter of 2018, to $197 million.Fourth quarter net loss of $(97) million.Fourth quarter Adjusted EBITDA of $(60) million.Fourth quarter diluted EPS of $(0.25). 2019 Financial Highlights FY 2019 total revenue increased $327 million, or 77.3%, over FY 2018, to $750 million.FY 2019 net loss of $(538) million.FY 2019 Adjusted EBITDA of $(103) million.FY 2019 diluted EPS of $(1.14). Key Operating Metrics Fourth quarter 2019 unique aligner shipments of 115,042, compared to 76,372 in the fourth quarter of 2018; full year 2019 unique aligner shipments of 453,053, compared to 258,278 in the full year 2018.Average aligner gross sales price (“ASP”) of $1,771 for both the fourth quarter and Show less Read more
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