• Medical - Devices
  • Healthcare
Align Technology, Inc. logo
Align Technology, Inc.
ALGN · US · NASDAQ
213.57
USD
-1.35
(0.63%)
Company Overview

410 NORTH SCOTTSDALE ROAD, SUITE 1300,TEMPE AZ 85281,408-470-1000

CEO

Mr. Joseph M. Hogan

Employess

21805

Sector

Healthcare

Industry

Medical - Devices

Website

https://www.aligntech.com

Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan. The company sells its products in the United States, Switzerland, China, and internationally. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

Next Earnings Date

Oct. 23, 2024

Ex Dividends date

--

Dividend Date

--

YTD Performance

-20.58%

Fiscal Year End

12-31

IPO Date

2001-01-30

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 19.32% 14.45% 16.04% 3.42%
EPS 21.95% 3.08% -36.33% 25.97%
Equity 19.07% 23.71% 3.93% 0.81%
Cash 14.46% 8.04% -0.82% -0.49%
Return On Capital (ROIC) 21.50% 21.41% 14.14% 12.14%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 29.7 26.6 22.7 21.7 15.7
Long Term Debt 97 100 103 64.4 43.5
LT Finance Leases 97 100 103 64.4 43.5
Shares Outstanding 76.4 78.2 78.9 78.8 79.4
Market Cap 20,900 16,500 51,900 42,100 22,200
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Align Technology (ALGN) Encounters Low ASP, FX Headwinds
1 month

Align Technology's (ALGN) Clear Aligner ASP is facing a significant impact of unfavorable foreign exchange across multiple currencies.

zacks.com
Align Technology (ALGN) Beats on Q2 Earnings, Lowers '24 Sales View
2 months

Align Technology's (ALGN) records second-quarter 2024 revenue growth across all regions. This was mostly due to a robust performance by the Imaging Systems & CAD/CAM Services business segment.

zacks.com
Align Technology, Inc. (ALGN) Q2 2024 Earnings Call Transcript
2 months

Align Technology, Inc. (NASDAQ:ALGN ) Q2 2024 Earnings Conference Call July 24, 2024 4:30 PM ET Company Participants Shirley Stacy - Vice President of Corporate Communications & Investor Relations Joe Hogan - President & Chief Executive Officer John Morici - Chief Financial Officer Conference Call Participants Michael Cherny - Leerink Partners Elizabeth Anderson - Evercore ISI Jonathan Block - Stifel, Nicolaus & Company Jeff Johnson - Baird Brandon Vazquez - William Blair Jason Bednar - Piper Sandler Michael Ryskin - Bank of America Erin Wright - Morgan Stanley Operator Greetings. Welcome to the Align Technology Second Quarter 2024 Earnings Call.

seekingalpha.com
Align Technology (ALGN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
2 months

The headline numbers for Align Technology (ALGN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com
Align Technology (ALGN) Q2 Earnings Top Estimates
2 months

Align Technology (ALGN) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.22 per share a year ago.

zacks.com
Can These 4 MedTech Stocks Hit Targets This Earnings Season?
2 months

Here is a sneak peek into how four MedTech bigshots, BSX, TMO, ALGN and EW, are expected to fare in their second-quarter results, slated to be released tomorrow.

zacks.com
Will Clear Aligner Sales Drive Align Technology's (ALGN) Q2 Earnings?
2 months

Align Technology's (ALGN) second-quarter results are likely to reflect the strength in its Clear Aligner and Systems & Services businesses.

zacks.com
Align Technology (ALGN) Earnings Expected to Grow: Should You Buy?
2 months

Align Technology (ALGN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com
Operation Smile Announces Align Technology as Title Sponsor of International Student Leadership Conference
2 months

Announcement reflects Align Technology's continued partnership in Operation Smile's commitment to youth development through education, service, and leadership opportunities VIRGINIA BEACH, Va. and TEMPE, Ariz.

prnewswire.com
Align Technology: The Short-Sellers Are Wrong
2 months

Align Technology reported its Q1 FY24 earnings and is due to report Q2 earnings on June 24th where revenue is expected to grow 4% YoY with non-GAAP operating margin slightly increasing sequentially. With Q1 revenue off to a stronger than expected start on shipments and higher ASPs across Clear Aligner and Systems and Services Segment, management raised their revenue guidance. However, Hedgeye has recently added Align to its short list with a possible 20% downside from weaker Q2, as well as lower forecast for H2 and beyond from macroeconomic pressures.

seekingalpha.com
Here's Why Holding Align Technology (ALGN) Stock Could Pay Off
2 months

Align Technology's (ALGN) Invisalign portfolio expansion efforts spark optimism.

zacks.com
Align Technology to Announce Second Quarter 2024 Results on July 24, 2024
3 months

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that it will report second quarter 2024 financial results on Wednesday, July 24, 2024, after the close of market. Financial results will be released at 4:00 p.m. ET (1:00 p.m. PT) and w.

businesswire.com