Align Technology, Inc. (ALGN) stock prices updated...
 

Align Technology, Inc. stock price

Align Technology, Inc. latest news:


  • 07/28/2017 14:30:28

    Amazon and Starbucks sink while Align Technology climbs

    Amazon.com, Starbucks and Mattel drop while Align Technology and Intel advance

  • 07/28/2017 09:15:58

    Invisalign maker Align stocks surge 8% after earnings blow past estimates

    Align Technology Inc.(ALGN) shares surged 9% Friday to lead S&P 500 gainers, after the maker of Invisalign dental braces blew past second-quarter earnings estimates. San Jose, California-based Align said late Thursday it had net income of $69.2 million, or $85 cents a share, in the quarter, up from $50.1 million, or 62 cents a share, in the year- earlier period. Revenue rose to $356.5 million from $176.9 million.

  • 07/28/2017 09:15:47

    UPDATE: Invisalign maker Align stocks surge 8% after earnings blow past estimates

    Align Technology Inc. shares surged 9% Friday to lead S&P 500 gainers, after the maker of Invisalign dental braces blew past second-quarter earnings estimates. San Jose, California-based Align said late Thursday it had net income of $69.2 million, or $85 cents a share, in the quarter, up from $50.1 million, or 62 cents a share, in the year-earlier period. Revenue rose to $356.5 million from $176.9 million. The FactSet consensus was for EPS of 72 cents and revenue of $344 million. North American shipments rose 27.6% while international shipments jumped 37%. The company said Invisalign shipments to the teen market rose 37.6%, after hitting a milestone of 1 million teen patients. The company said it now expects net revenue of $355 million to $360 million in the third quarter, and EPS of 78 cents to 81 cents. The FactSet consensus is for EPS of 81 cents and revenue of $359 million. Leerink analysts welcomed the progress made in the key teen market. "Our recent diligence suggests that orthodontists see Invisalign potentially capable of addressing 60+% of their Teen cases, which would be well-above our 8% estimated penetration into Align's North American teen TAM ("fully loaded" ~3.94M cases) by 2020," they wrote in a note. Align shares have gained 77% in 2017, while the S&P 500 has gained 11%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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