Dentsply Sirona Q4 2023 Earnings Report
Key Takeaways
Dentsply Sirona's Q4 2023 results showed a 2.9% increase in net sales, reaching $1,012 million, and a net income of $67 million, or $0.32 per share. Adjusted EPS was $0.44, slightly down from $0.46 in the same quarter of the previous year. The company's full year 2024 outlook includes organic sales flat to up 1.5% and adjusted EPS of $2.00 to $2.10.
Net sales increased by 2.9% to $1,012 million, with organic sales up by 1.9%.
Net income was $67 million, or $0.32 per share, compared to a net loss of $15 million, or $0.07 per share in Q4 2022.
Adjusted EPS was $0.44, a slight decrease from $0.46 in the fourth quarter of 2022.
The company's Board of Directors approved a 14% increase in the quarterly dividend rate.
Dentsply Sirona
Dentsply Sirona
Forward Guidance
The company anticipates net sales in the range of $3.96 billion to $4.02 billion, representing flat to up 1.5% organic growth. Adjusted EPS is expected to be in the range of $2.00 to $2.10.