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0.000779023034294614 0.00189444237885295 -0.00104459906871343 0.00361183406809363 0.0131371611692427 0.0230519997875391 0.0402259166799453 0.0641631699155468
Stock impact report

Align drags dental peers after earnings miss [Seeking Alpha]

Align Technology, Inc. (ALGN) 
Last align technology, inc. earnings: 4/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.aligntech.com/investor-relations
Company Research Source: Seeking Alpha
Align drags dental peers after earnings missApr. 28, 2022 11:46 AM ETAlign Technology, Inc. (ALGN)SDCBy: Dulan LokuwithanaSA News EditorMiguel Fernandez Castro/iStock via Getty ImagesThe shares of Align Technology (NASDAQ:Thursday after the maker of clear aligners recorded its first earnings miss in seven quarters with its 1Q2022 financials yesterday.Its rivals in the dental health space are also trading lower in solidarity. SmileDirectClub (Other notable decliners include Envista Holdings (NVSTPDCOAfter reporting a ~9% sequential decline in revenue during the quarter, Align (At the time of the 4Q 2021 earnings call in February, the company has seen some recovery as the COVID impact began to ease with restrictions relaxing.“However, later in the quarter, unfavorable impacts on our business occurred driven by China lockdowns, weaker consumer confidence, inflationary pressures and the Russia-Ukraine conflict,” Chief Financial Officer John Morici said during the earnings call.“For April, Show less Read more
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