SDC Stock Recent News

SmileDirectClub Inc. SDC, -6.64% said late Friday it is voluntarily filing for Chapter 11 bankruptcy protection as founders are investing to recapitalize the teeth-straightening company. SmileDirectClub shares were halted at an 0.8% gain in the extended session Friday, having closed the regular session down 6.6% at 87 cents a share.

Investors are optimistic about SmileDirectClub (SDC) on the latest technology enhancements and upbeat guidance.

SmileDirectClub (SDC) is focused on developing transformative innovations to serve the growing needs of the current customer base and expanded segments of higher-income demographics.

SmileDirectClub reported earnings last night, missing on both the top and bottom lines. The company is low on cash and racing to get to free-cash-flow positivity.

SmileDirectClub, Inc. (NASDAQ:SDC ) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET Company Participants Jonathan Fleetwood - Director-Investor Relations David Katzman - Chief Executive Officer and Chairman Troy Crawford - Chief Financial Officer Conference Call Participants Robbie Marcus - JPMorgan Securities Jonathan Block - Stifel Nicolaus & Company Operator Greetings and welcome to the SmileDirectClub's Second Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

SmileDirectClub (SDC) reports a higher-than-expected loss in the second quarter of 2023.

SmileDirectClub (SDC) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.17 per share a year ago.

The company's shares are heavily shorted. SmileDirectClub may not have to worry about being delisted for a while.

Investors are likely to benefit from the SmileDirectClub (SDC) stock, backed by strategic alliances and targeted long-term growth.

In the realm of investing, penny stocks can be misleading with their low price tags. It's important to understand that a low price doesn't always equate to a high upside.