Align Technology rockets higher after earnings [MarketWatch]
Align Technology, Inc. (ALGN)
Last align technology, inc. earnings: 4/29 04:00 pm
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US:NASDAQ Investor Relations:
investor.aligntech.com/investor-relations
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Source: MarketWatch
Align Technology rockets higher after earnings Align Technology Inc. ALGN, -2.42% shot more than 7% higher in late trading Tuesday after announcing earnings, sending one of the best-performing stock of 2017 toward yet more record highs. The maker of Invisalign orthodontics reported fourth-quarter earnings of $10.3 million, or 13 cents a share, down from $1.01 a share a year ago due to charges related to the new tax law. Without the tax charge, Align said it would have reported earnings of $1.19 a share, easily beating average analyst estimates of 96 cents a share, according to FactSet. Revenue was $421.3 million, up from $385.3 million a year ago and well higher than analysts' average estimate of $396 million. Align's first-quarter forecast also handily beat analyst estimates, as the company said it expects to report earnings of 94 cents to 98 cents a share on revenue of $400 million to $410 million. Analysts on average expected first-quarter earnings of 88 cents a share on revenue
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ALGN
News
- Align Technology, Inc. (NASDAQ: ALGN) had its price target raised by analysts at Stifel Nicolaus from $350.00 to $400.00. They now have a "buy" rating on the stock.MarketBeat
- Is Ayr Wellness Inc. (AYRWF) Stock Outpacing Its Medical Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Orthodontic and Orthopedic Market Experiencing Remarkable Growth with a CAGR of 9.2% from 2023 to 2028 [Yahoo! Finance]Yahoo! Finance
- Align Technology (ALGN) to Post Q1 Earnings: What's in Store? [Yahoo! Finance]Yahoo! Finance
- Align Technology, Inc. (NASDAQ: ALGN) had its price target raised by analysts at UBS Group AG from $280.00 to $320.00. They now have a "neutral" rating on the stock.MarketBeat
ALGN
Earnings
- 1/31/24 - Beat
ALGN
Sec Filings
- 4/16/24 - Form DEFR14A
- 4/9/24 - Form ARS
- 4/9/24 - Form DEF
- ALGN's page on the SEC website