Henry Schein Inc
- Henry Schein increased 0.6% to $67.88 after the company reported quarterly results that met investor expectations.
Revenue in the third quarter rose 3.1% to $3.2 billion, net income declined to $137 million from $150 million, and diluted earnings per share fell to $1.05 from $1.09 a year ago.
The company said sales in full-year 2023 are expected to decline between 1% and 3%, revised from the previous guidance of an increase between 1% and 3%, reflecting the drag from the recent cyberattack incidence.
The company experienced a cyberattack on October 14, and the company said that it has contained the incident, restored most of its business-critical systems, and expects to file an insurance claim in 2024.
Nov 14, 2023
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