Dentsply Sirona reports lower net sales, higher income in Q2

2019 06 19 15 07 3264 News Ball 400

Dentsply Sirona has reported lower net sales but higher net income for the fiscal second quarter of 2019.

For the quarter (end-June 30), the company reported net sales of $1.009 billion, a decrease of 3.1% from $1.042 billion in the second quarter of 2018. The company's net income was $36.4 million, compared with a loss of $1.122 billion in the same quarter last year.

The net loss in the second quarter of 2018 was the result of a goodwill impairment charge of $1.086 billion. Goodwill is the difference between what a company pays for an asset and the book value of that asset.

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