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Sonendo, Inc. (SONX) is a pioneering company in the dental industry, dedicated to improving oral health through advanced technology. As a privately held, venture-backed firm, Sonendo has developed the GentleWave® System, a groundbreaking innovation in root canal therapy. This system employs multisonic ultracleaning™ technology which uses a broad spectrum of acoustic energy to clean root canals more effectively than traditional methods.
The GentleWave® System is designed to reach deep into the lateral canals and microscopic tubules of the root canal system, ensuring the removal of tissue, debris, biofilm, and bacteria. This technology provides a less invasive and more efficient alternative to standard instrumentation, aiming to save teeth and improve patient outcomes.
Sonendo's commitment to innovation is backed by extensive research and development. The company receives support from prominent investors such as CVF, LLC, Dinova Capital, Fjord Ventures, Meritech Capital Partners, NeoMed Management, and Orbimed Advisors LLC.
In addition to their flagship product, Sonendo is continuously exploring new technologies and methodologies to enhance dental care. Their work not only benefits dental practitioners by enhancing the cleaning process but also significantly impacts patients' lives by offering more effective and gentle treatment options.
Sonendo, Inc. (NYSE: SONX) will announce its financial results for Q1 2022 on May 10, 2022, after market close. A conference call will follow at 1:30 PM PT. Interested investors can listen via phone or through a live webcast on the company’s website. Sonendo is recognized for its GentleWave® System, aimed at treating tooth decay more efficiently while preserving tooth structure. The company will also participate in the Bank of America Healthcare Conference on May 11, 2022, featuring a fireside chat at 10:40 AM PT.
Sonendo, Inc. (NYSE: SONX) has launched the GentleWave Community app, aimed at enhancing endodontic practices. This industry-first application enables GentleWave providers to exchange clinical insights and treatment tips in a private forum. The app is accessible on both iOS and Android platforms, offering features like push notifications and real-time engagement. This initiative is part of Sonendo's commitment to support the specialty of endodontics and improve doctor and patient experiences. It complements existing digital tools such as TDO, Sonendo's practice management software.
Sonendo, a dental technology company traded as NYSE:SONX, is set to present at the Piper Sandler Dental Day on March 29 at 12:00 p.m. ET. CEO Bjarne Bergheim and CFO Michael Watts will discuss the GentleWave® System, which treats tooth decay with minimal invasiveness. This innovative system improves clinical outcomes significantly compared to traditional methods, leading to rapid healing and reduced post-operative pain. Additionally, Sonendo owns TDO® Software, enhancing dental practice management.
Sonendo, a leading dental technology company, reported its financial results for Q4 and the full year 2021. Total revenue for Q4 reached $9.9 million, a 14% increase year-over-year, and $33.2 million for the entire year, marking a 42% growth from 2020. The company achieved a gross margin of 25% in Q4, up from 20% in Q4 2020. Despite a net loss of $13.7 million in Q4, the company raised $84 million during its IPO. For 2022, Sonendo expects to generate between $40 million and $43 million in revenue.
Sonendo, Inc. (NYSE: SONX) has reached a significant milestone of 800,000 GentleWave patient procedures, just five months after hitting 700,000. This achievement indicates increasing adoption of the GentleWave System, a less invasive and less painful alternative to traditional root canal therapy. The milestone was celebrated by Dr. Mark Germack, who treated the 800,000th patient. Additionally, Sonendo announced investment in Area Practice Consultants to aid onboarding and practice growth for endodontists, reflecting the company's commitment to improving treatment efficacy and customer support.
Sonendo, Inc. (NYSE: SONX), a dental technology firm, will report its financial results for Q4 and the full year 2021 after market close on March 23, 2022. A conference call will follow at 1:30 PM PT / 4:30 PM ET to discuss these results. Investors can access the call by dialing (844) 200-6205 for domestic or (929) 526-1599 for international listeners, using access code: 450135. Live audio webcasts will also be available on the company's investor website.
Sonendo, Inc. (NYSE: SONX) announced preliminary revenue results for Q4 and full-year 2021. For Q4, revenue is estimated between
Sonendo, a leading dental technology firm, reported a 29% increase in total revenue for Q3 2021, totaling $7.9 million.
The GentleWave console revenue rose 44% to $1.8 million, while procedure instrument revenue climbed 30% to $3.7 million. Software revenue grew 17% to $1.7 million. The company completed its IPO on November 2, raising approximately $84 million.
For 2021, Sonendo projects total revenue between $32 million and $32.5 million.
Sonendo (NYSE: SONX) has appointed Raj Pudipeddi to its Board of Directors. Pudipeddi, currently an executive at Align Technology, brings 27 years of experience in brand-building and consumer products. His background includes leadership roles at Procter & Gamble and Bharti Airtel. Sonendo's president and CEO, Bjarne Bergheim, highlighted Pudipeddi's expertise in driving growth and innovation in transforming root canal therapy through the GentleWave System. This addition follows the recent announcement of three other new board members.
Sonendo, a dental technology leader, will release its third-quarter financial results after market close on December 9, 2021. A conference call will be held at 1:30 p.m. PT to discuss these results. The company is known for its GentleWave System, which enhances root canal treatments by effectively cleaning and disinfecting teeth, reducing post-operative discomfort, and improving clinical outcomes. Sonendo also owns TDO Software, which streamlines dental practice management.
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