SDC - SmileDirectClub GAAP EPS of -$0.18 beats by $0.05 revenue of $106.77M beats by $8.23M

• SmileDirectClub press release ( NASDAQ: SDC ): Q3 GAAP EPS of -$0.18 beats by $0.05 .
• Revenue of $106.77M (-22.5% Y/Y) beats by $8.23M .
• Adjusted EBITDA of $(30) million, a $7 million decrease over the second quarter of 2022, and an improvement of $24 million over the prior year period.
• Net cash used in operating activities was $(24) million, an increase of $6 million over the second quarter of 2022 and an improvement of $15 million over the prior year period.
• Free Cash Flow defined as net cash used in operating activities less net cash used in investing activities of $(35) million, an improvement of $1 million over the second quarter of 2022 and an improvement of $29 million over the prior year period.
• Third quarter unique aligner shipments of 52,367, a 16.5% sequential decrease over 62,705 shipments in the second quarter of 2022.
• Third quarter average aligner gross sales price (“ASP”) of $1,902 compared to $1,917 for the second quarter of 2022.
• Shares +8.45% .

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