The dental company now expects revenue in the range of $3.83 billion to $3.85 billion for 2023, compared with its previous forecast of $3.97 billion to $3.99 billion. "Our third quarter results reflect lower than expected demand and a more difficult macro environment than we experienced in the first half of 2023," Chief Executive Officer Joe Hogan said in a statement. Those concerns have weighed heavily on shares of companies such as Dentsply Sirona, Envista Holdings Corp, Swiss-based Straumann Holding AG and Align over the last month.
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