Digital healthcare firm SmileDirectClub Inc. (NASDAQ: SDC) reported a narrower net loss for the first quarter of 2021 amid modest revenue growth. While the bottom-line missed Wall Sreet’s prediction, revenues beat.
The Nashville, Tennessee-based teledentistry company reported a net loss of $28.9 million or $0.25 per share for the March quarter, which marked an improvement from the year-ago period when it incurred a loss of $29.3 million or $0.28 per share. Analysts were looking for a narrower loss for the latest quarter.
At $199.5 million, first-quarter revenues were up 1% from the comparable period of 2020 and slightly above experts’ projection.
The company’s shares have lost about 31% since the beginning of the year. They dropped during Monday’s extended trading after ending the regular session lower.
Biogen (NASDAQ: BIIB) reported third-quarter 2021 financial results before the regular market hours on Wednesday. The company reported Q3 revenue of $2.78 billion, down 18% year-over-year and higher than the
Verizon (NYSE: VZ) reported Third-quarter 2021 financial results before the regular trading hours on Wednesday. The telecommunications giant reported Q3 revenue of $32.9 billion, up 4.3% year-over-year and above the
Philip Morris International Inc. (NYSE: PM) reported Third-quarter 2021 earnings results today. Net revenues increased 9% year-over-year to $8.1 billion. The reported net income amounted to $2.42 billion compared to