For the full year of fiscal 2023, Lightspeed now expects an Adjusted EBITDA loss1 of approximately ($37) million, improved from previously-established outlook of approximately ($40) million. The Company now expects annual revenue to come in at the low end of the previously established outlook of $730 – $740 million (or approximately $740 million – $750 million on a constant currency basis1).
SmileDirectClub Files For Chapter 11 Bankruptcy Just Four Years After $1.35 Billion IPO
SmileDirectClub Inc. (NASDAQ: SDC), a dental aligner manufacturer, has filed for bankruptcy just a few years after its remarkable $1.35 billion IPO.
