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home / news releases / SDC - SmileDirectClub Q3 results beat on both lines as 2022 revenue outlook includes consensus

SDC - SmileDirectClub Q3 results beat on both lines as 2022 revenue outlook includes consensus

SmileDirectClub, Inc. - Ordinary Shares - Class A

  • SmileDirectClub ( NASDAQ: SDC ) delivered a Q3 2022 earnings beat on both the top and bottom lines and its updated 2022 revenue outlook includes the consensus estimate.
  • Shares are up 9% in after-hours trading.
  • The company projects full-year revenue of $470M-$500M, within the consensus estimate of $473.36M.
  • SmileDirectClub ( SDC ) narrowed its net loss in the quarter 22% year over year to ~$69.7M.
  • Revenue of ~$107M was a ~23% year-over-year decline.
  • The company was helped in the quarter by a 39% decline in marketing and selling expenses to $58.2M compared to Q3 2021.
  • SmileDirectClub ( SDC ) ended the quarter with $120.2M in cash, a 67% decline from the year-ago period.
  • See why Sweet Minute Capital rates SmileDirectClub ( SDC ) a strong sell.

For further details see:

SmileDirectClub Q3 results beat on both lines as 2022 revenue outlook includes consensus
Stock Information
Company Name: SmileDirectClub, Inc. - Ordinary Shares - Class A
Stock Symbol: SDC
Market: NYSE
Website: smiledirectclub.com
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