SmileDirectClub (NSDQ:SDC) shares took a big hit today on second-quarter results that came in behind the consensus earnings forecast.

The Nasvhille, Tenn.-based dental aligner maker posted losses of -$94.7 million, or -25¢ per share, on sales of $94.4 million for the three months ended June 30, 2020, for a bottom-line slide from losses of -$32.4 million in the second quarter of 2019 on a sales decline of -49%.

Adjusted to exclude one-time items, earnings per share were -17¢, coming in 3¢ behind the projections from Wall Street analysts.

“Our performance in the quarter, and more importantly since the quarter, reflects the strength of our teledentistry platform, along with the flexibility and agility of our business model; both in the context of our COVID-19 recovery efforts, and our traction towards our long-term growth and margin targets,” SmileDirectClub CEO David Katzman said in a news release.

SmileDirectClub did not offer guidance for fiscal 2020 amid uncertainties caused by the COVID-19 pandemic.

SDC shares were down -14.4% at $7.98 per share in midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up 0.6%.