SmileDirectClub, Inc. Stock Price, News & Analysis

SmileDirectClub (Nasdaq: SDC) has partnered with Altius Healthcare Management to enhance access to clear aligners across Texas. This collaboration expands the SmileDirectClub Partner Network to over 1,000 locations nationwide, facilitating treatment in rural areas where orthodontic services are limited. By leveraging Altius's 29 offices in Texas, the initiative aims to improve oral health and provide affordable, premium care. SmileDirectClub, which launched in the U.S. in 2014, continues to grow as a leading telehealth solution for orthodontia, serving over one million customers globally.

SmileDirectClub has partnered with MetLife to provide in-network coverage for its telehealth teeth straightening services to over 20 million individuals insured under MetLife's dental plans. This collaboration aims to enhance consumer access to affordable orthodontic care, expanding SmileDirectClub's coverage to virtually all major insurance providers in the U.S. Customers can start their treatment via 3D scans or at-home impression kits, with remote monitoring by licensed professionals. Since its U.S. launch in 2014, SmileDirectClub has served over one million customers globally.

SmileDirectClub has launched the SmileDirectClub Foundation, a nonprofit initiative aimed at empowering vulnerable individuals with access to resources that enhance self-confidence during life transitions. The foundation will support various charitable partners, including Hire Heroes USA and Year Up, which assist military members and young adults in workforce readiness. CMO John Sheldon emphasizes the importance of self-confidence, stating the foundation's mission extends beyond customers to impact communities. Since its 2014 debut, SmileDirectClub has served over one million customers globally.

SmileDirectClub (Nasdaq: SDC) has partnered with Unified Smiles, enhancing access to clear aligner treatment in dental offices nationwide. This collaboration allows consumers to begin their SmileDirectClub journey at participating dentist locations, while facilitating new patient opportunities for independent dentists. The partnership expands on SmileDirectClub's existing network, which includes over 1,000 partner locations. This collaboration reinforces the company's mission to provide accessible, affordable orthodontic solutions through its telehealth platform.

SmileDirectClub, Inc. (SDC) reported its Q3 2020 financial results, revealing total revenue of $169 million and a net loss of $(43) million. The company achieved an Adjusted EBITDA of $3 million, marking a significant improvement of 106.7% compared to the same quarter in 2019. Unique aligner shipments reached 93,301, with an average sales price of $1,794 per aligner. The management expressed confidence in their strategy for controlled growth and profitability, anticipating continued favorable industry dynamics and plans for international expansion.

SmileDirectClub (Nasdaq: SDC) has announced its participation in two key virtual healthcare conferences on November 18, 2020. The company will present at the Stifel Virtual Healthcare Conference at 10 AM ET and the Wolfe Virtual Healthcare Conference at 4:25 PM ET. These presentations will be accessible via live webcast on the company’s investor relations site. SmileDirectClub aims to revolutionize oral care with its medtech platform for teeth straightening, emphasizing affordability and convenience in the dental industry.

SmileDirectClub (Nasdaq: SDC) announced it will release its third-quarter 2020 financial results on November 16, 2020, after market close. A conference call will be hosted by CEO David Katzman and CFO Kyle Wailes at 4:30 p.m. Eastern Time to discuss these results. Interested parties can join via dial-in or through the company’s IR page. A replay will be available after the call and can be accessed until November 30, 2020. SmileDirectClub aims to enhance dental care access through innovative technology and operates in numerous countries worldwide.

SmileDirectClub (SDC) announced a partnership with DECA Dental, expanding its Partner Network to over 600 dental practices across the U.S. The alliance allows consumers in Texas to initiate SmileDirectClub's clear aligner treatment in dental offices, enhancing access to oral care solutions. CEO David Katzman emphasized the commitment to innovative, affordable treatment options. Since its launch in 2014, SDC has served over 1 million customers, positioning itself as a leading teledentistry provider. This partnership aims to democratize dental care and improve treatment accessibility.

SmileDirectClub has announced that the USPTO has granted patents for its innovative Electric Toothbrush featuring interchangeable aligner heads and a Bluetooth-powered aligner case. These patents underscore the company's commitment to innovation in the oral care market. Since launching oral care products in Walmart in January 2020, SmileDirectClub has emerged as a leading growth contributor in the oral care segment. Its Electric Toothbrush is among the top growth products in the electric brush category and was recognized as one of the best toothbrushes of 2020 by Cosmopolitan.