Remedent, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2020
August 15, 2020 at 02:11 am IST
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Remedent, Inc. announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced sales was USD 219,129 compared to USD 309,964 a year ago. Operating income was USD 10,504 compared to operating loss of USD 67,172 a year ago. Net income was USD 1,124 compared to net loss of USD 191,145 a year ago.
Remedent, Inc. specializes in the research, development and manufacturing of oral care and cosmetic dentistry products. The Company designs, develops, manufactures and distributes its cosmetic dentistry products, including a full line of professional dental products that are distributed in Europe, Asia, Middle East and the United States. The Company's operating segment consists of dental products and oral hygiene products sold by Remedent Inc., Remedent N.V., and Biotech Dental Benelux N.V. The Company offers over-the-counter (OTC) tooth whitening products. It has three primary products: River 8, a prefabricated veneer; its custom-made GlamSmile Veneers and the SmileMe mirror. The Company has developed a range of prefabricated, ready-to-use veneers that the Company has branded as River8. The Company's product in the professional oral care and cosmetic dentistry is the GlamSmile veneer. The SmileMe Mirror enables the dentist to offer patients a complete Smile Consultation.
REMEDENT, INC. 