Dentsply Sirona sees sales increase but income drop in Q1

Dentsply Sirona has reported higher net sales but a reduction in net income for the fiscal first quarter of 2017.

For the quarter (end-March 31), the company reported net sales of $900.5 million, an increase of 16.6% from $772.6 million in the first quarter of 2016. However, the company's net income was $59.8 million, compared with $125 million in the same quarter last year.

The company said the decline in net income was attributable to a change in its North American distribution strategy and a seasonal slowdown before the 2017 International Dental Show.