In the recent quarter, Align Technology reported revenue of $997.43 million and earnings per share (EPS) of $2.14, both exceeding Wall Street expectations. The company’s performance reflects its financial health based on key metrics monitored by analysts.
Key metrics include Clear Aligner Shipments of 605, which surpassed the average estimate of 589, and Net revenues in Imaging Systems and CAD/CAM Services at $180.18 million compared to the three-analyst average estimate of $163.02 million. Additionally, Net revenues in Total Clear Aligner reached $817.25 million versus the average estimate of $811.06 million by three analysts, a 3.5% increase from the previous year.
Despite these strong results, Align Technology’s stock has returned -2.5% over the past month while outperforming the Zacks S&P 500 composite’s -3% change. However, with a Zacks Rank #2 (Buy), investors should keep an eye on this company for potential future growth opportunities.
