Remedent, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2016
August 16, 2016 at 08:58 am EDT
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Remedent, Inc. reported earnings results for the first quarter ended June 30, 2016. Net sales for the three months ended June 30, 2016 are $615,949 and net income for the quarter ended June 30, 2016 is $101,415 or 16.46% of net sales over the quarter ended June 30, 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.