Welcome to our dedicated page for Dentsply Sirona news (Ticker: XRAY), a resource for investors and traders seeking the latest updates and insights on Dentsply Sirona stock.
DENTSPLY SIRONA Inc. develops, manufactures and markets professional dental products, dental technologies, oral health products and other consumable medical devices under a broad brand portfolio. News for XRAY commonly covers quarterly results, outlook updates, restructuring actions, capital allocation, debt reduction, share repurchases and changes to distribution relationships for dental equipment and connected technology solutions.
Company updates also focus on digital dentistry and imaging products, including CEREC systems, intraoral scanning, CBCT imaging, DS Core, Smart View - Detect and dental-dedicated MRI work with Siemens Healthineers. Additional product news includes Surity urinary incontinence devices from Wellspect HealthCare, along with regulatory clearances, CE markings, commercial launches, board changes and investor conference participation.
Dentsply Sirona, the world’s largest manufacturer of dental products, will participate in the Piper Sandler Virtual Dental Day. CEO Don Casey will lead a fireside chat on March 29, 2022, at 1:00 pm ET. The event will be accessible via a live webcast on the Dentsply Sirona Investors website. A replay will be available for 30 days post-discussion. Dentsply Sirona, listed on Nasdaq under the symbol XRAY, has a rich 135-year heritage in dental innovation, providing high-quality products to enhance patient care.
Dentsply Sirona (NASDAQ: XRAY) announced an accelerated share repurchase agreement totaling $150 million with Bank of America to repurchase its common stock. The initial delivery will be approximately 2.4 million shares, with final share count depending on the average stock prices during the valuation period. The ASR is expected to conclude by the end of Q2 2022, pending acceleration adjustments. This move aims to enhance shareholder value within Dentsply Sirona's current buyback authorization.
Dentsply Sirona reported strong FY21 results, with net sales of $4,251 million, a 27.2% increase year-over-year. Operating income rose to $622 million, and adjusted EPS reached $2.87, up 60.3%. However, Q4 sales were flat at $1,088 million, with adjusted EPS dropping 12.6% to $0.76. For FY22, the company forecasts organic sales growth of 4% to 5% and adjusted EPS between $3.05 and $3.25. CEO Don Casey emphasized their optimistic outlook based on a robust innovation pipeline and strategic partnerships.
Dentsply Sirona (Nasdaq: XRAY) is set to unveil a collaboration with Google Cloud and its new 3D printing solution, Primeprint, on March 4, during a virtual global event. This partnership aims to enhance digital dentistry by improving workflows for dentists and labs. Key principles include secure data sharing and high-quality 3D visualization. Primeprint represents a significant advancement in 3D printing technology for dental applications, offering automated processes and regulatory compliance for medical products. The innovations aim to empower dental professionals and improve patient care.
Dentsply Sirona (Nasdaq: XRAY) announced the appointment of Dr. Dorothea Wenzel to its Board of Directors, increasing the board size from ten to eleven members. Dr. Wenzel brings extensive experience from her previous role as Executive Vice President at Merck KGaA, enhancing the board's international perspective. Her background in healthcare and finance is expected to support Dentsply Sirona's vision to advance dentistry and improve oral health globally.
Dentsply Sirona, listed on Nasdaq under the symbol XRAY, announced an investor conference call and live webcast scheduled for February 28, 2022, at 8:30 am ET to discuss its financial results. Interested participants can access the live webcast on the company’s website. For those joining by phone, domestic calls can dial +1-877-370-7637, and international calls can use +1-629-228-0723 with Conference ID #1271213. A replay will be accessible on the company’s website and via dial-in for one week post-call.
Dentsply Sirona (Nasdaq: XRAY) announces its participation in the 40th Annual J.P. Morgan Healthcare Conference, scheduled for January 12, 2022, at 11:15 am ET. CEO Don Casey will present during this virtual event. Interested parties can access a live audio webcast and presentation materials on the Company’s investor website. A replay will be available for 30 days after the presentation. Dentsply Sirona is a leading manufacturer of dental products, providing innovative solutions to enhance patient care.
Dentsply Sirona (Nasdaq: XRAY) declared a quarterly cash dividend of $0.11 per share, with an indicated annual rate of $0.44. The dividend will be payable on January 14, 2022 to shareholders on record as of December 31, 2021. Dentsply Sirona, a leading manufacturer of dental products, has a rich history of 134 years in innovation and service, offering a wide range of solutions to advance patient care. The company is committed to delivering high-quality dental and oral health products.
Dentsply Sirona (Nasdaq: XRAY) announces an integration of its Primescan and Omnicam scanners with 3Shape’s lab software, enhancing workflows and patient outcomes. This collaboration allows dental practices using these scanners to securely share data with labs via the Connect Case Center. The integration aims to streamline communication and improve patient care, with features available to labs utilizing 3Shape’s upgraded Dental System software. Both companies focus on expanding technology access to benefit the dental community.
Dentsply Sirona (Nasdaq: XRAY) announced its participation in three upcoming investor conferences. The presentations will occur at the Credit Suisse 30th Annual Healthcare Conference on November 11, 2021, at 4:20 PM ET, followed by the Evercore ISI 4th Annual HealthConX Conference on December 1, 2021, at 1:00 PM ET, and the Piper Sandler 33rd Annual Virtual Healthcare Conference on December 2, 2021. A webcast recording for the last event will be available on November 22, 2021, at 10:00 AM ET. Live webcasts can be accessed via the company's investor website.