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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 984M | 5.2% |
| Gross Profit | 511M | 1% |
| Cost of Revenue | 893M | 3.3% |
| Operating expense | 461M | 11% |
| Net Income | -4M | 122.2% |
| EBITDA | 104M | 0% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 6.9B | 3.2% |
| Total Liabilities | 3.83B | 0.8% |
| Total Equity | 3.06B | 6% |
| Shares Outstanding | 203M | 2.4% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 208M | 732% |
| Cash from investing | -50M | 16.3% |
| Cash from financing | -171M | 1121.4% |
EPS
Financial Highlights for Dentsply in Q2 '24
Dentsply reported a revenue of 984M, which is a 5.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 511M, marking a 1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 893M, a -3.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 461M, showing a -11% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -4M, showing a -122.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 104M, showing a 0% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Dentsply faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
