Vivos Group Ltd. reported adjusted earnings per share of $0.22 for the quarter, beating the consensus estimate of $0.16 by $0.06. Revenue totaled $184.3 million, falling short of the $195 million forecasted by analysts.
The company cited weaker-than-expected demand in key markets as the primary driver behind the revenue shortfall, despite achieving a 12% year-over-year increase in adjusted net income to $45.7 million. Operating margins expanded to 15.2%, up from 14.1% in the prior-year period, supported by cost efficiencies and pricing adjustments.
Vivos maintained its full-year guidance, reaffirming revenue projections of $750 million to $780 million and adjusted EPS of $0.85 to $0.95. Management highlighted ongoing investments in product development and market expansion as priorities for the remainder of the year.
Shares were little changed in after-hours trading, with investors focusing on the mixed signals from the quarterly results.
