Overview
- Shares fell more than 12% intraday after the company reported weak quarterly results and reduced its profit forecast.
- Adjusted EPS came in at $0.37 versus $0.45 expected and $0.50 a year earlier, highlighting profitability pressure.
- Revenue declined about 5% to $904 million, a slight beat, with Orthodontic and Implant Solutions down 15% on an estimated $30 million Byte hit and softer implant volumes in the U.S. and China.
- Dentsply Sirona cut its 2025 adjusted EPS guidance to a $1.60 midpoint from $1.80–$2.00, while reaffirming sales of $3.6 billion to $3.7 billion.
- CFO Matt Garth departed as Leslie Varon was named interim finance chief, and margins showed mixed signals with adjusted EBITDA at 18.4% and one report citing a -24.1% operating margin.