A big company called Dentsply Sirona makes things that dentists use to help people with their teeth. They recently had some problems and didn't make as much money as they thought they would. They also plan to make some changes to save money and sell more things in the future. Some people who watch the stock market think that these changes will help the company do better in the future. Read from source...

- The company reported second-quarter adjusted EPS of $0.49 missed estimates; sales fell short at $984M.
- Dentsply Sirona Plans restructuring plan with net reduction in global workforce of approximately 2% to 4%.
- Dentsply Sirona had $279 million of cash and cash equivalents as of June 30, 2024.
- The company had $279 million of cash and c

Dentsply Sirona Misses Q2 Targets - Plans Restructuring Plan Amid Weak Demand
Dentsply Sirona Inc. (XRAY) shares are trading higher on Wednesday after the company reported its Q2 adjusted EPS of $0.49, which missed estimates, and sales of $984 million, which also fell short of expectations. The company also announced a restructuring plan that will result in a net reduction in the global workforce of approximately 2% to 4%. Dentsply Sirona had $279 million of cash and cash equivalents as of June 30, 2024.