08:11 AM EDT, 08/08/2025 (MT Newswires) -- Dentalcorp ( DNTCF ) on Friday reported higher second-quarter adjusted net income, even as revenues missed forecast, while the company raised its third quarter outlook and said it is "on track to meet or exceed" its full year 2025 guidance.

The company reported adjusted net income rose to $30.7 million, from $26.4 million.

Revenue increased 8.9% to $435.2 million, with same practice revenue growth (SPRG) of 3.3%. The result missed a consensus analyst estimate of $437.5 million, according to FactSet.

Dentalcorp ( DNTCF ) said it achieved a 91.8% recurring patient visit rate, which reflected "predictable and continued" patient demand across the network. The company has also treated over 125,000 patients under the Canadian Dental Care Plan, with 95% of its practices accepting such patients.

On outlook, revenue and SPRG for the third quarter of 2025 are estimated to increase by 10-12% (to between $412.9M and $420.4M) and between 3-5.0%, from the third quarter of 2024, respectively.

Adjusted EBITDA Margin for the third quarter of 2025 is estimated to increase by 20 basis points from the third quarter of 2024, to 18.6%, and Adjusted EBITDA is estimated to increase to between $76.8M and $78.2M.

"We remain on track to meet or exceed our full year 2025 guidance, where we expect to see SPRG of 3.0% to 5.0%, an accelerated pace of M&A with acquisitions representing $25 million+ of PF Adjusted EBITDA after rent, Pre-tax Adjusted Free Cash flow per Share growth of 15%+, and another year of Adjusted EBITDA Margin expansion of 20+ basis points," said Graham Rosenberg, CEO and Chairman.