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Wednesday, July 24, 2019

=Align Tech (ALGN) reported earnings on Wed 24 July 2019 (a/h)

Align Tech beats by $0.44, reports revs in-line; guides Q3 EPS below consensus, revs below consensus
  • Reports Q2 (Jun) earnings of $1.83 per share, excluding non-recurring items, $0.44 better thanthe S&P Capital IQ Consensus of $1.39; revenues rose 22.5% year/year to $600.7 mln vs the $599.86 mln S&P Capital IQ Consensus.
  • Co issues downside guidancefor Q3, sees EPS of $1.09-1.16, excluding non-recurring items, vs. $1.45 S&P Capital IQ Consensus; sees Q3 revs of $585-600 mln vs. $623.83 mln S&P Capital IQ Consensus.

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