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NASHVILLE, Tenn., Jan. 30, 2023 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, announced today it will report results for the fourth quarter and year end 2022 on Tuesday, February 28, 2023, after close of market.
Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost cuts and a “realignment” of its workforce — even as its sales forecasts came up short of expectations.
Investors are optimistic about SmileDirectClub (SDC) on continued strategic partnerships and expansion in the teledentistry space.
A series of cutting-edge innovations, strategic distribution and insurance partnerships are added positives for SmileDirectClub (SDC).
Last week, UBS trimmed its price target on telehealth specialist SmileDirectClub Inc (NASDAQ:SDC) to 50 cents from $1.20.
SmileDirectClub (SDC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Challenges to consumer spending and sustained high inflation continue to impact SmileDirectClub's (SDC) overall expected demand for 2022.
Bertha Coombs joins 'Closing Bell' to discuss the impact of cyber attacks on its second quarter results.
Revenue continued to fall at the dental aligner company.
SmileDirectClub, Inc. (NASDAQ:SDC ) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Jonathan Fleetwood - Director, Investor Relations David Katzman - Chief Executive Officer & Chairman Troy Crawford - Chief Financial Officer Conference Call Participants Lily Lozada - JPMorgan Laura Champine - Loop Capital Markets Operator Greetings and welcome to the SmileDirectClub's Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.