Invisalign maker Align's (ALGN) stock rallies 15% on earnings, guidance beat

Go back to Invisalign maker Align's (ALGN) stock rallies 15% on earnings, guidance beat

Align Technology (ALGN) Tops Q4 EPS by 23c, offers outlook

January 31, 2024 4:02 PM EST

Align Technology (NASDAQ: ALGN) reported Q4 EPS of $2.42, $0.23 better than the analyst estimate of $2.19. Revenue for the quarter came in at $956.7 million versus the consensus estimate of $931.35 million.

First quarter 2024 outlook:

For Q124, we expect our worldwide revenues to be in the range of $960M to $980M, up slightly from Q423.
We... More

Align Technology (ALGN) Announces iTero Lumina

January 31, 2024 4:00 PM EST

Align Technology, Inc. (NASDAQ: ALGN) today announced the launch of the iTero Lumina intraoral scanner with a 3X wider field of capture in a 50% smaller and 45% lighter wand, delivering faster scanning speed, higher accuracy, superior visualization, and a more comfortable6 scanning experience.

Designed with iTero Multi-Direct Capture technology that replaces the confocal imaging technology in earlier models, the iTero Lumina scanner:

Has a wider field of capture and multi-angled scanning that enables simultaneous capture from multiple angles, making it possible to capture more dentition in a single uninterrupted... More