Dentsply Sirona Reports 1Q Within Our Expectations While Announcing Partnership With Henry Schein
Dentsply Sirona's first-quarter results were in line with our expectations, and as a result, we are leaving our fair value estimate and moat rating unchanged. Somewhat unsurprisingly, Dentsply announced the addition of Henry Schein as a partner for its North American equipment segment. After the previously announced change of its distribution agreement with Patterson, Dentsply will continue to work with Patterson's equipment sales team on a nonexclusive basis. Overall, we think this development ...DENTSPLY SIRONA is a manufacturer of dental products and technologies. The company's Consumables segment is responsible for the design, manufacture, sales and distribution of the company's dental consumable products which include preventive, restorative, endodontic, and dental laboratory products. The company's Technologies and Equipment segment includes responsibility for the design, manufacture, sales and distribution of the company's dental technology and equipment products and healthcare consumable products, including dental implants, computer-aided design/computer-aided manufacturing systems, orthodontic clear aligner products, imaging systems, treatment centers, instruments, and consumable medical device products.
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