Dentsply Sirona collapses after lowering its annual profit forecast – 11/07/2024 at 4:20 p.m.

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

Nov. 7 – ** Shares of dental products maker Dentsply Sirona stock between $1.82 and $1.86, down from the $1.96 to $2.02 range it previously forecast **Dentsply says the reduction in guidance is due to the voluntary suspension of sales , marketing and shipping of its Byte aligners and impression kits

**Last month, XRAY said it was suspending these products as it conducts a review of certain regulatory requirements for them

** Company reports adjusted quarterly profit of 50 cents/shr vs. 47 cents/shr forecast – LSEG

**XRAY quarterly revenue of $951 million beats forecast of $939.1 million

**Including the session's movement, the stock is down 45.1% year to date