Recent Updates
Recently added Catalysts
VVOS Neutral Sentiment

Vivos Therapeutics Reschedules Second Quarter 2023 Financial Results Conference Call

Key Takeaway: Vivos Therapeutics, Inc. has announced the rescheduling of its second quarter 2023 financial results conference call to August 16, 2023. The delay was attributed to the need for additional time to review accounting disclosures related to the Employee Retention Tax Credit. The company plans to discuss its financial results, as well as recent milestones and developments, during the call. Vivos focuses on innovative treatment methods for breathing and sleep conditions associated with dentofacial abnormalities.
Price reaction · baseline $8.16 (2023-08-15 close) · hit after-hours · clean, no other VVOS news in the window
day 0 close
+5.1%
day 1
-2.3%
day 3 · peak
-15.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Vivos Therapeutics is scheduled to release its second quarter 2023 financial results, indicating a commitment to transparency.
  • The upcoming conference call will provide updates on the company's recent milestones and developments.

CONCERNS & RISKS

  • The rescheduling of the financial results conference call suggests potential internal issues with accounting disclosures.
  • There are uncertainties related to the company's Employee Retention Tax Credit accounting, which could pose risks.

Full Press Release Details

LITTLETON, Colo., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Vivos Therapeutics, Inc. (“Vivos” or the “Company'') (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative diagnostic and treatment methods for patients suffering from a variety of health conditions, many of which are associated with breathing related sleep conditions arising from certain dentofacial abnormalities, today announced that the Company intends to release its second quarter 2023 financial results after market close today, Wednesday, August 16, 2023. The Company will conduct a conference call today at 6:00 p.m. (Eastern Time) to review the results and provide an overview of the Company’s recent milestones and developments.
To access Vivos’ investor conference call, please dial (877) 451-6152, or for international callers, (201) 389-0879. A replay will be available shortly after the call and can be accessed by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the live call and the replay is 13740723. The replay will be available until August 30, 2023.
A live webcast of the conference call can be accessed on Vivos’ website at https://vivos.com/investor-relations. An online archive of the webcast will be available on the Company’s website for 30 days following the call.
As previously disclosed, the rescheduling was the result of the Company and its independent registered public accounting firm requiring additional time to review certain disclosures related to the Company’s accounting for and disclosures related to the Company’s Employee Retention Tax Credit previously received under Section 2301 of the Coronavirus Aid, Relief, and Economic Security Act of 2020.
About Vivos Therapeutics, Inc.
Vivos Therapeutics, Inc. (NASDAQ: VVOS) is a medical technology company focused on developing and commercializing innovative diagnostic and treatment methods for patients suffering from breathing and sleep issues arising from certain dentofacial abnormalities such as mild-to-moderate obstructive sleep apnea (OSA) and snoring in adults. The Vivos Method represents the first clinically effective nonsurgical, noninvasive, nonpharmaceutical and cost-effective solution for treating mild to moderate OSA. It has proven effective in approximately 40,000 patients treated worldwide by more than 1,800 trained dentists.
The Vivos Method includes the Vivos Complete Airway Repositioning and/or Expansion (CARE) appliance therapy and associated protocols that alter the size, shape and position of the soft tissues that comprise a patient’s upper airway and/or palate. The Vivos Method opens airway space and may significantly reduce symptoms and conditions associated with mild-to-moderate OSA, such as lowering Apnea Hypopnea Index scores. Vivos also markets and distributes SleepImage diagnostic technology under its VivoScore program for home sleep testing in adults and children. The Vivos Integrated Practice (VIP) program offers dentists training and other value-added services in connection with using The Vivos Method.
For more information, visit www.vivos.com.
Cautionary Note Regarding Forward-Looking Statements
This press release, the conference call referred to herein, and statements of the Company’s management made in connection therewith contain “forward-looking statements” (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, particularly with respect to the public offering described herein. Words such as “may”, “should”, “expects”, “projects,” “intends”, “plans”, “believes”, “anticipates”, “hopes”, “estimates”, “goal” and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve significant known and unknown risks and are based upon several assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond Vivos’ control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to risk factors described in Vivos’ filings with the Securities and Exchange Commission (“SEC”). Vivos’ filings can be obtained free of charge on the SEC’s website at www.sec.gov. Except to the extent required by law, Vivos expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Vivos’ expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based.
Vivos Investor Relations Contact:

Frequently Asked Questions

When will Vivos release its Q2 financial results?

Vivos will release its second quarter 2023 financial results on August 16, 2023, after market close.

How can I access the Vivos conference call?

To join the Vivos conference call, dial (877) 451-6152 or (201) 389-0879 for international callers.

What is the Vivos Method?

The Vivos Method is a nonsurgical approach to treat mild-to-moderate obstructive sleep apnea.

Who can benefit from Vivos' treatments?

Vivos' treatments are designed for patients with breathing and sleep issues due to dentofacial abnormalities.

How many patients have been treated using the Vivos Method?

Approximately 40,000 patients globally have been treated with the Vivos Method.

Last updated: Aug 16, 2023