SmileDirectClub, Inc. Provides Earnings Guidance for the Fourth Quarter, Full Year 2022 and 2023
January 17, 2023 at 09:35 pm
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SmileDirectClub, Inc. provided earnings guidance for the fourth quarter, full year 2022 and 2023. For the quarter, the company expected total revenue to be in the range of $86 million to $88 million.
For the full year 2022, the company expected total revenue to be in the range of $470 million to $472 million. Net loss ($278 million) to ($286 million).
For the year ended December 31, 2023, the company expected total revenue to be in the range of $400 million to $450 million for the core business, which does not include any anticipated revenue upside from its upcoming United States rollout of the SmileMaker Platform or the launch of its CarePlus program.
SmileDirectClub, Inc.is an oral care company and creator of the first medtech platform for teeth straightening. Through its cutting-edge teledentistry technology and vertically integrated model, it provides clear aligner therapy and premium oral care product line. The Companyâs clear aligner treatment addresses the orthodontics market. The Company offers a suite of oral care products, such as whitening kits, toothbrushes, toothpaste, and other ancillary oral care products. The Company also offers oral care market products, such as retainers, toothbrushes, toothpaste, water flosser, SmileSpa, lip balm, MoveMints, BrightOn premium whitening, and a light-emitting diode (LED) accelerator light. Its platform supports its customers and their treating doctors, and the clinical and customer care teams. It has a network of over 125 SmileShops in the locations, as well as partnerships with over 1,000 dental practices. It also has a network of over 200 orthodontists and general dentists.
SMILEDIRECTCLUB, INC. 
