Profile
Sector:
HealthcareIndustry:
Medical Instruments & SuppliesCountry:
United StatesIPO:
30 January 2001Website:
http://www.aligntech.comNext earnings report:
31 January 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:59:45 GMTDividend
Analysts recommendations
Institutional Ownership
ALGN Latest News
TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a top global medical device firm known for its Invisalign® clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, has announced its participation in several upcoming financial conferences. The presentations will be available for live streaming through the Investor Relations section.
Align Technology has introduced the Invisalign Smile Architect software, which offers various treatment plans for personalized care. This new tool aims to provide tailored treatment options for users.
Align Technology shared mixed results for their Q3 earnings, achieving an EPS of $2.35 but falling short on revenue at $977.87 million. Although they faced difficulties in the U.S. market, they experienced growth in Asia Pacific, EMEA, and Latin America, along with a rise in Clear Aligner sales. The company attributes its growth to product improvements, investments in infrastructure, and partnerships, forecasting a revenue increase of 5.29%-7.53% year-over-year from Q4 2024 to Q4 2026.
TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a top global medical device company known for its Invisalign® clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software, has announced its intention to buy back $275 million of its common stock. This will be done through open market purchases as part of Align's $1.0 billion stock repurchase program that has been approved.
Align Technology has announced that its revenue increased in the third quarter of 2024. This growth is mainly due to strong results from the Imaging Systems and CAD/CAM Services division.
Align Technology, Inc. (NASDAQ:ALGN) will hold its Q3 2024 Earnings Conference Call on October 23, 2024, at 4:30 PM ET. The call will feature company representatives including Shirley Stacy, Joe Hogan, and John Morici, along with various participants from different financial firms. The operator will begin the call by welcoming everyone to the discussion about Align's third-quarter earnings.
While the revenue and earnings per share (EPS) for Align Technology (ALGN) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Align Technology (ALGN) reported quarterly earnings of $2.35 per share, which is higher than the Zacks Consensus Estimate of $2.31 per share. This is an increase compared to earnings of $2.14 per share from the same period last year.
On Wednesday, Align Technology reported third-quarter revenue that fell short of Wall Street's expectations due to weaker demand for its clear teeth aligners from younger customers.
Here's a quick look at how three MedTech stocks, BSX, TMO, and ALGN, are predicted to perform in their third-quarter results, which will be announced tomorrow.
What type of business is Align Technology?
Align Technology, Inc. specializes in the production of medical equipment for orthodontists and general dentists, as well as restorative and aesthetic dentistry. The Clear Aligner segment consists of comprehensive products that meet the orthodontic needs of teenage patients and children. The Scanners and Services segment offers software for general dentists, orthodontists, periodontists, and maxillofacial surgeons; software for orthodontic diagnosis and production of printed models and retainers; services for computer-aided design/manufacturing and auxiliary products. Align Technology, Inc. was founded in 1997 with headquarters in San Jose, California.
What sector is Align Technology in?
Align Technology is in the Healthcare sector
What industry is Align Technology in?
Align Technology is in the Medical Instruments & Supplies industry
What country is Align Technology from?
Align Technology is headquartered in United States
When did Align Technology go public?
Align Technology initial public offering (IPO) was on 30 January 2001
What is Align Technology website?
https://www.aligntech.com
Is Align Technology in the S&P 500?
Yes, Align Technology is included in the S&P 500 index
Is Align Technology in the NASDAQ 100?
No, Align Technology is not included in the NASDAQ 100 index
Is Align Technology in the Dow Jones?
No, Align Technology is not included in the Dow Jones index
When was Align Technology the previous earnings report?
No data
When does Align Technology earnings report?
The next expected earnings date for Align Technology is 31 January 2025