November 12, 2019 / 9:17 PM / a month ago

SmileDirectClub reports bigger quarterly loss on higher expenses

Nov 12 (Reuters) - SmileDirectClub Inc reported a bigger quarterly loss on Tuesday, as the teeth alignment company spent more on marketing, in the company’s first results since going public in September.

Net loss attributable widened to $88.3 million, or 89 cents per share, in the third quarter ended Sept. 30, from a loss of $14.9 million, a year earlier.

Total quarterly revenue rose to $180.2 million from $119.7 million as more people bought its teeth aligners. (Reporting by Trisha Roy in Bengaluru; Editing by Shounak Dasgupta)

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