Align Technology (NSDQ:ALGN) shares shot straight up after hours today on third-quarter results that beat the consensus forecast. Shares of ALGN were up 25.1% at $420.01 per share after the market closed tonight. The San Jose, Calif.-based company posted profits of $139.4 million, or $1.76 per share, on sales of $734.1 million for the three months […]
Align Technology
MedTech 100 roundup: Industry remains on the rise
The medtech industry continues to climb back up in the markets, following a landmark week with another move up toward its pre-COVID-19-pandemic highs. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.29 points at the end of last week (July 24). That total represents just a […]
Align Technology down on Q2 losses
Align Technology (NSDQ:ALGN) shares dipped today on second-quarter losses that missed the consensus earnings forecast. The San Jose, Calif.-based dental company posted losses of -$40.6 million, or -52¢ per share, on sales of $352.3 million for the three months ended June 30, 2020, for a massive bottom-line slide into the red from nearly $150 million in […]
Align Technology drops on missed Q1 earnings
Align Technology posted first-quarter results that missed the consensus forecast on Wall Street. The San Jose, Calif.-based company reported profits of $1.5 billion, or $19.21 per share, on sales of $551 million for the three months ended March 31, for a bottom-line gain of 2,013% sales growth of 0.36% compared with Q2 2019. Adjusted to […]
Align Technology to acquire software maker Exocad
Align Technology (NSDQ:ALGN) announced it has agreed to acquire dental software company Exocad (Darmstadt, Germany) for approximately $420 million in cash. The move will add Exocad’s experience in restorative dentistry, implantology, guided surgery and design to Align’s technology portfolio, which includes Invisalign clear-aligner orthodontic and iTero digital solutions. Exocad will also bring nearly 200 digital dentistry […]
