secwatch.observer — SEC 8-K summary
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Issuer:     DENTSPLY SIRONA Inc. (XRAY)
CIK:        0000818479
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000818479-23-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dentsply Sirona Q1 net sales +0.9% to $978M, organic +5.1%; raises FY23 guidance low-end
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- GAAP net loss of $19M ($0.09 loss per share) vs. $69M income ($0.32 EPS) in Q1 2022; includes $71M restructuring charges.
- Adjusted EPS fell to $0.39 from $0.54; adjusted EBITDA $161M (16.4% margin) vs. $189M (19.6%) a year ago.
- Raising low-end of FY23 net sales outlook by $50M, organic sales growth outlook by 100 bps, and adjusted EPS outlook by $0.05.
- Growth driven by strong demand for aligners and consumables; CEO cites stable patient traffic and transformation momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818479/000081847923000031/0000818479-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818479/000081847923000031/xray-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000818479-23-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer