Align Technology (ALGN) experienced a mix of events portrayed in the assessed reports. The company reported its
Q4 2024 earnings which were in line with expectations but led to the stock dropping. An EPS of $2.44 was reported, just below the consensus of $2.45. Their annual results were also available and resulted in adjustments made in the stock's price target by several analysts. There was a significant focus on Align's performance in clear aligners, with an emphasis on expectations of mid-single-digit volume growth amid new product launches. However, a slight downturn followed, with the stock falling due to revenue misses, weak Q1 guidance, and an estimated 9.5% move in share price post-earnings. Align Technology also made several strategic moves, including a
$275 Million open market repurchase and the inception of new regional leadership roles. In its future guidance, the company forecasts downbeat Q1 revenue, dampened by soft demand for teeth aligners. Notably, the company garnered a new addition to the
Invisalign Brand Smile Squad, NFL's Patrick Mahomes. Other than that, Align has also introduced its Invisalign Smile Architect with multiple treatment plans.
Align Technology ALGN News Analytics from Fri, 26 Apr 2024 07:00:00 GMT to Fri, 07 Feb 2025 15:55:32 GMT -
Rating -5
- Innovation 7
- Information 5
- Rumor -3
