Dentsply outlook cut after Q3

 

• Net sales of $951 million increased 0.5%, organic sales increased 1.3%
• GAAP gross margin of 52.1%, GAAP net loss of ($494) million or loss per share of ($2.46)
• Adjusted EBITDA margin of 17.9%, adjusted EPS of $0.50
• Revised FY24 outlook: expect organic sales of (3.5%) to (2.5%) (previously (1%) to flat); adjusted EPS of $1.82 to $1.86 (previously $1.96 to $2.02)

https://www.globenewswire.com/news-release/2024/11/07/2976411/0/en/Dentsply-Sirona-Reports-Third-Quarter-2024-Results.html