•
Jun 30, 2022

Dentsply Sirona Q2 2022 Earnings Report

Dentsply Sirona's Q2 2022 financial results were restated due to errors related to timing and estimation of variable consideration associated with certain sales orders and an internal investigation

Key Takeaways

Dentsply Sirona restated its Q2 2022 results due to an internal investigation and errors in revenue recognition. Net sales were $1.023 billion, and net income attributable to Dentsply Sirona was $73 million, or $0.34 per diluted share. Adjusted non-GAAP net income was $149 million, or $0.69 per diluted share.

Net sales for Q2 2022 were $1,023 million.

Organic sales increased by 2.3%.

Net income attributable to Dentsply Sirona was $73 million, or $0.34 per diluted share.

Adjusted non-GAAP net income was $149 million, or $0.69 per diluted share.

Total Revenue
$1.02B
Previous year: $1.07B
-4.1%
EPS
$0.69
Previous year: $0.71
-2.8%
Gross Profit
$581M
Previous year: $598M
-2.8%
Cash and Equivalents
$362M
Previous year: $332M
+9.0%
Total Assets
$8.95B
Previous year: $9.38B
-4.6%

Dentsply Sirona

Dentsply Sirona

Forward Guidance

No forward guidance was provided in this report.