YORK (PENNSYLVANIA) (dpa-AFX) - Dentsply Sirona Inc. (XRAY) reported a second quarter operating loss per share of $0.18 compared to profit of $0.66, previous year. On average, 15 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.02, for the quarter. Analysts' estimates typically exclude special items.
Second quarter net sales were $491 million, down 51.4% from prior year, impacted by COVID-19. Organic sales declined 49.9%, for the quarter. Analysts expected revenue of $492.55 million for the quarter.
Don Casey, CEO of Dentsply Sirona, said: 'The global response to COVID-19 impacted our second quarter results. We have been encouraged to see continued improvement in sales trends, as dental offices reopen and patients return.'
As a result of the uncertainty due to COVID-19 pandemic, the company is not providing 2020 guidance.
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