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Last $93.88 USD
Change Today +0.66 / 0.71%
Volume 173.2K
SIRO On Other Exchanges
As of 3:21 PM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

sirona dental systems inc (SIRO) Snapshot

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52 Week High
04/24/15 - $95.00
52 Week Low
05/5/14 - $73.05
Market Cap
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sirona dental systems inc (SIRO) Details

Sirona Dental Systems, Inc. develops, manufactures, and markets dental equipment for dentists worldwide. It operates through four segments Dental CAD/CAM Systems, Imaging Systems, Treatment Centers, and Instruments. The Dental CAD/CAM Systems segment addresses the market for various dental restorations, such as inlays, onlays, veneers, crowns, bridges, copings, and bridge frameworks made from ceramic, metal or composite blocks. This segment also offers the CEramic REConstruction, an in-office application that enables dentists to produce restorations from ceramic material and insert them into the patient’s mouth during a single appointment; inLab restoration fabrication systems and the extra-oral inEos scanners for dental laboratories; and central manufacturing services for copings and bridge-frameworks. The Imaging Systems segment provides a range of digital systems for diagnostic imaging in the dental practice, as well as develops various imaging systems for 2D and 3D panoramic and intra-oral applications. The Treatment Centers segment offers a range of products from basic dentist chairs to chair-based centers with integrated diagnostic, hygiene, and ergonomic functionalities, as well as specialist centers used in preventative treatment and for training purposes. The Instruments segment provides handheld and power-operated handpieces for cavity preparation, endodontics, periodontology, and prophylaxis, as well as multi-function tips, supply and suction hoses, and care and hygiene systems for instrument preparation. The company distributes its products to dental practices, clinics, and laboratories through a direct sales channel and a network of distributors. It has collaboration agreement with Align Technology Inc. to provide workflow integration for customers. Sirona Dental Systems, Inc. was founded in 1877 and is headquartered in Long Island City, New York.

3,327 Employees
Last Reported Date: 11/21/14
Founded in 1877

sirona dental systems inc (SIRO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $850.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $530.7K
Executive Vice President of Operations
Total Annual Compensation: $339.3K
General Counsel and Secretary
Total Annual Compensation: $340.0K
Executive Vice President of Sales
Total Annual Compensation: $339.3K
Compensation as of Fiscal Year 2014.

sirona dental systems inc (SIRO) Key Developments

Align Technology and Sirona Collaborate to Provide New Workflow Integration for Customers

Align Technology Inc. has announced a new collaboration with Sirona, under which Sirona's CEREC Omnicam can be used for Invisalign case submissions, which require an intraoral scanner that can capture a full arch digital impression. This enables Invisalign providers with a CEREC Omnicam intraoral camera and the new CEREC Ortho Software 1.1 to submit a digital impression in place of a traditional PVS impression as part of the Invisalign case submission process. This new CEREC Ortho software is expected to be rolled out in the summer of 2015. The CEREC Omnicam is the second third-party scanner that has been qualified for use with Invisalign treatment. Align Technology's own iTero scanner was qualified for Invisalign case submission in December 2011. Align Technology supports an open systems approach to digital impressions and continues to work with intraoral scanning companies interested in developing interoperability and chair-side applications for use with Invisalign treatment. The Companies also announced an agreement to support iTero laboratory customers and enable them to join a direct all-digital workflow with Sirona's inLab software. With the release of inLab 15.0, scheduled for later in the year, technicians can directly import iTero scan data into inLab.

Sirona Dental Systems Inc. Expands its Orthodontic Product Line to Include Invisalign Digital Impression Submission

Sirona Dental Systems Inc. announced its CEREC Omnicam and new CEREC Ortho Software can be used to submit digital impressions for Invisalign clear aligner therapy. This new cooperation brings together the market leader in clear aligner therapy and the market leader in dental CAD/CAM. The new Ortho 1.1 software features a patent-pending guided scanning process and connects the CEREC world with Invisalign treatment by allowing seamless digital impression submission. The new software, exclusive for CEREC Omnicam systems, will be available in selected markets by summer 2015.

Sirona Dental Systems Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended Dec. 31, 2014; Reiterates Earnings Guidance for the Fiscal Year 2015

Sirona Dental Systems Inc. announced unaudited consolidated earnings results for the first quarter ended Dec. 31, 2014. Net income attributable to the company for the first quarter of 2015 was $46.0 million, or $0.82 per diluted share, versus $44.2 million, or $0.79 per diluted share in the prior year period. Non-GAAP adjusted earnings per diluted share for the first quarter of 2015 was $0.96, the same as the prior year quarter. Revenue was $293.0 million, a decrease of $5.7 million or down 1.9% from $298.7 million reported last year. Operating income was $62.8 million against $62.1 million and income before taxes was $60.8 million against $58.8 million reported last year. Net cash provided by operating activities was $4.2 million against $11.3 million reported last year. Investment in property, plant and equipment was $12.3 million against $43.1 million reported last year. Purchase of intangible assets was $0.2 million against $0.2 million reported last year. The company reiterated guidance of the fiscal year 2015 local currency revenue growth of 6% to 8% and non-GAAP adjusted EPS in the range of $3.95 to $4.05 (reflecting growth of approximately 8% to 10%).


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Valuation SIRO Industry Range
Price/Earnings 29.9x
Price/Sales 4.5x
Price/Book 4.1x
Price/Cash Flow 30.8x
TEV/Sales 4.3x

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