09:28 AM EST, 11/06/2025 (MT Newswires) -- dentalcorp Holdings (DNTL.TO) on Thursday said it had narrowed its net loss and comprehensive loss, and improved adjusted earnings in the third quarter on better than expected revenues.
The company's third-quarter net loss and comprehensive loss was C$4.9 million compared to net loss and comprehensive loss of $22.7 million in the corresponding year-ago quarter.
The company reported adjusted net income of $28.8 million in the third quarter, compared to $25.5 million in the year-ago quarter.
Third-quarter revenue was reported at $420.1 million, an increase of 11.9% from $375.4 million in the year-ago quarter and beating consensus estimates compiled by FactSet of $417 million.
"We delivered revenue and Adjusted EBITDA growth of approximately 12% and 14%, respectively, over the third quarter of 2024," said Dentalcorp's ( DNTCF ) Chief Executive Officer and Chairman, Graham Rosenberg. "Third quarter Adjusted EBITDA Margin expanded 30 basis points over the third quarter of 2024 to 18.7%."
On Sept. 26, the company had announced that it entered into a definitive arrangement agreement to be acquired by funds affiliated with GTCR LLC in an all-cash transaction that values the company at approximately $2.2 billion on an equity value basis and $3.3 billion on an enterprise value basis.