8-K
filed November 7, 2024, 6:59 PM ET
ticker XRAY
CIK 0000818479
earnings
confidence high
sentiment negative
materiality 0.75
Dentsply Sirona Q3 GAAP loss of $494M, cuts FY24 outlook; CFO transition
DENTSPLY SIRONA Inc.
2024-Q3 EPS reported
-$2.35
revenue$2,888,000,000
- GAAP net loss $494M ($2.46/sh) vs $266M loss a year ago; includes $495M goodwill impairment.
- Adjusted EPS $0.50 vs $0.49; organic sales +1.3% aided by ~$20M stocking orders.
- FY24 outlook lowered: organic sales now (3.5%)–(2.5%); adjusted EPS $1.82–$1.86.
- Kevin Czerney appointed CAO; CEO Simon Campion as interim CFO on Nov 7 after Glenn Coleman resigns.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Simon D. Campion was appointed as interim principal financial officer at DENTSPLY SIRONA Inc..
- Action
- appointed
- Role
- interim principal financial officer
Exact text from the filing
Additionally, on November 6, 2024, the Company appointed Simon D. Campion, the Company’s President and Chief Executive Officer and a member of the Company’s Board of Directors, to the additional role of interim principal financial officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Glenn G. Coleman departed as Executive Vice President, Chief Financial Officer, principal financial officer, and interim principal accounting officer at DENTSPLY SIRONA Inc..
- Action
- resign
- Role
- Executive Vice President, Chief Financial Officer, principal financial officer, and interim principal accounting officer
Exact text from the filing
the date upon which Glenn G. Coleman will resign as the Company’s Executive Vice President, Chief Financial Officer, principal financial officer, and interim principal accounting officer, as has been previously disclosed.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kevin J. Czerney was appointed as Vice President & Chief Accounting Officer at DENTSPLY SIRONA Inc..
- Action
- appointed
- Role
- Vice President & Chief Accounting Officer
Exact text from the filing
On November 6, 2024, the Company appointed Kevin J. Czerney, currently the Company’s Vice President, Chief Audit Executive, to the role of Vice President & Chief Accounting Officer
View on SEC.gov
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