Align Technology Announces Second Quarter 2018 Financial Results
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Align Technology (ALGN) PT Raised to $405 at Evercore ISI
July 26, 2018 6:45 AM EDTEvercore ISI raised its price target on Align Technology (NASDAQ: ALGN) to $405.00 (from $395.00) while maintaining an Outperform rating following results.
Analyst Elizabeth Anderson said what she liked in the quarter was:
Chinas integration of iTero scanners has outpaced expectations due to general... MoreAlign Technology (ALGN) Tops Q2 EPS by 21c, Revenues Beat; Offers 3Q EPS Outlook Below Consensus
July 25, 2018 4:02 PM EDTAlign Technology (NASDAQ: ALGN) reported Q2 EPS of $1.30, $0.21 better than the analyst estimate of $1.09. Revenue for the quarter came in at $490.3 million versus the consensus estimate of $471.88 million.
Q2 revenues up 37.5% year-over-year to a record $490.3 million, and diluted EPS of $1.30Q2 operating income up 46.8% year-over-year to $122.7 million, operating margin of 25.0%Q2 total Invisalign case shipments up 30.5% year-over-year to 302.7 thousandQ2 Invisalign cases for teenage patients up 42.1% year-over-year to 78.4 thousandQ2... More