Sybron Dental’s Net Income Slides 28%
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Sybron Dental Specialties Inc., an Orange-based manufacturer of dental and orthodontic products, reported net income of $7.2 million, or 20 cents a share, for its fiscal first quarter, down 28% from $10 million a year ago. Sales for the quarter ended Dec. 31 increased 4% to $97.5 million.
Excluding allocations for the write-off of deferred financing fees and for duplicate corporate overhead, Sybron Dental had net income of $8.1 million, or 23 cents a share, for the quarter.
Sybron Dental was spun off in December from Sybron International Corp., a Milwaukee maker of laboratory products, such as beakers and disposable test kits.
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