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Dentsply Sirona Falls Over 4% Following Q1 Results - Read Why
Dentsply Sirona Inc. (NASDAQ:XRAY) shares are trading lower on Thursday after reporting first-quarter results.
The company reported adjusted earnings per share of 42 cents, in line with the street view.
Quarterly revenues of $953 million missed the street view of $969.136 million. Sales fell 2.6% year over year.
Segment wise, Connected Technology Solutions fell 6.9%, Essential Dental Solutions fell 5.9%, Orthodontic and Implant Solutions gained 4.4%, and Wellspect Healthcare rose 5.4%.
Quarterly gross profit of $506 million fell 2.5% year over year. Gross ...