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SmileDirectClub (SDC) delivered earnings and revenue surprises of 18.18% and 7.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
SmileDirectClub continues to disappoint investors and its most recent quarterly earnings reflect that trend. Financial metrics are declining on all metrics, and order volume is going down as well.
NASHVILLE, Tenn., Oct. 11, 2022 (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 third quarter 2022 on Monday, November 7, 2022 after close of market.
The ongoing macroeconomic challenges continue to impact SmileDirectClub's (SDC) core demographic and business spending.
SmileDirectClub (SDC) reported earnings 30 days ago. What's next for the stock?
The ongoing macroeconomic challenges continue to impact SmileDirectClub's (SDC) core demographic and business spending.
Demand for the company's teeth straighteners is falling, it is burning cash and its access to debt markets looks shaky.
Bad news for one meme stock led to a big sell-off in others.
Source: Helen89 / Shutterstock.com SmileDirectClub (NASDAQ: SDC ) stock is on the move Friday following the release of its earnings report for the second quarter of 2022. That report doesn't start off well for SDC stock with diluted earnings per share of -17 cents.