Align Technology (ALGN) PT Lowered to $350 at Jefferies
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Align Technology Announces Second Quarter 2022 Financial Results
July 27, 2022 4:11 PM EDTCompany operating well through unprecedented global economic headwinds and continued impacts of COVID-19 variants in certain markets
Q2'22 total revenues of $969.6 million were down slightly sequentially and year over year Q222 revenues were unfavorably impacted by foreign exchange of approximately $15.3 million sequentially and approximately $39.9 million year over year (1) Q2'22 operating income of $188.2 million and operating margin of 19.4%, which was unfavorably impacted by foreign exchange of approximately 1.1 points sequentially and approximately 2.4 points year over year (1) Q2'22 diluted net income per share of $1.44; Q2'22 non-GAAP... More