Remedent, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
February 13, 2017 at 10:38 pm IST
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Remedent, Inc. reported earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, net sales were $592,952 and net income for the quarter ended December 31, 2016 is $111,875 or 18.87% of net sales over the quarter ended December 31, 2016.
For the nine months, net sales for the nine months ended December 31, 2016 are $1,818,865 and net income for the nine months ended December 31, 2016 is $242,783 or 13.35% of net sales over the nine months ended December 31, 2016.
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. 
