Shares of Align Tech ALGN rose 22.69% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share increased 52.03% over the past year to $2.25, which beat the estimate of $0.54.
Revenue of $734,144,000 up by 20.88% year over year, which beat the estimate of $514,400,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Align Tech hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Oct 21, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/k9mnvzrp
Price Action
52-week high: $343.21
Company's 52-week low was at $127.88
Price action over last quarter: Up 12.29%
Company Profile
Align Technology is a medical (dental) device company primarily known for the Invisalign system, which is an alternative to traditional braces to correct a wide range of malocclusions. The company also manufactures intraoral scanners and computer-aided design/computer-aided manufacture digital services to support the customization of these liners. Historically, only orthodontists serviced this product, but more recently the company has expanded its direct marketing efforts to include generalists (dentists) and consumers.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
