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Benzinga
Benzinga
Business
Henry Khederian

DARK SECRETS: Here s why smiledirectclub shares are getting hammered today | Rare Historical Photos

SmileDirectClub Nasdaq

SmileDirectClub Inc (NASDAQ:SDC) shares are trading lower by 15.81% at $1.27 after the company reported worse-than-expected first-quarter EPS results.

SmileDirectClub reported quarterly losses of 19 cents per share which missed the analyst consensus estimate of a loss of 16 cents. The company reported quarterly sales of $152.00 million which beat the analyst consensus estimate of $134.22 million by 13%. This sales figure represents a 19% decrease over sales of $188.80 million in the same period last year.

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