Brief: Smiledirectclub Reports Fourth Quarter And Full Year 2022 Financial Results

SmileDirectClub

28/02/2023 22:09

Feb 28 (Reuters) - Smiledirectclub Inc  SDC.O :
    * SMILEDIRECTCLUB REPORTS FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL RESULTS
    * Q4 REVENUE FELL 26.2 PERCENT TO $471.0 MILLION
    * Q4 LOSS PER SHARE $0.71
    * CHALLENGES TO CONSUMER SPENDING AND SUSTAINED HIGH
INFLATION
CONTINUE TO IMPACT OUR OVERALL EXPECTED DEMAND IN 2023
    * FOR YEAR ENDING DECEMBER 31, 2023, COMPANY EXPECTS TOTAL
REVENUE
FOR CORE BUSINESS TO BE IN RANGE OF $400 MILLION TO $450 MILLION
    * Q4 EARNINGS PER SHARE VIEW $-0.21, REVENUE VIEW $90.6
MILLION --
REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $436.0 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbFpxvW 
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