(RTTNews) - Dental equipment maker Dentsply Sirona Inc. (XRAY) on Tuesday posted a loss for the first quarter, hurt largely by higher costs and margin pressure.
The company reported a net loss of $10 million, or $0.05 per share, compared with net income of $20 million, or $0.10 per share, in the same period last year. Adjusted earnings per share declined to $0.27 from $0.44 last year.
Revenue was $880 million, relatively flat compared with $879 million a year ago.
Gross margin decreased to 48.5% from 53.0%, reflecting higher costs and ongoing transformation-related expenses.
Looking forward, the company maintained its full-year 2026 outlook, expecting net sales between $3.5 billion and $3.6 billion and adjusted earnings in the range of $1.40 to $1.50 per share.
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