Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
Stocks in play: dentalcorp Holdings Ltd.
Announced its financial and operating results for the fourth quarter and full year ended December 31, 2023. Revenue of $362.2 million, representing an increase of 9.4% compared to the fourth quarter of 2022, driven in large part by robust SPRG of 6.7%. Adjusted EBITDA of $65.8 million, an 8.6% increase over the fourth quarter of 2022, with Adjusted EBITDA margin of 18.2%. Adjusted Net Income for the quarter was $0.1 million. Revenue for the year at $1,425.7 million, a 14.0% increase over the previous year. Adjusted EBITDA of $259.7 million, representing a 12.6% increase over the prior year. dentalcorp Holdings Ltd. shares T.DNTL are trading down $0.61 at $6.18.
