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Stock impact report

Why Is Align Technology (ALGN) Up 5.5% Since Last Earnings Report? [Yahoo! Finance]

Align Technology, Inc. (ALGN) 
Last align technology, inc. earnings: 4/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.aligntech.com/investor-relations
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Align Technology due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Align Technologydelivered third-quarter 2024 adjusted earnings per share of $2.35, up 9.8% from the year-ago level. The reported figure topped the Zacks Consensus Estimate by 1.7%. GAAP earnings per share for the quarter was $1.55, reflecting a decline of 1.9% from $1.58 in the comparable period of 2023. The top line increased 1.8% year over year to $977.9 million but missed the Zacks Consensus Estimate by 1.3%. Revenues were unfavorably impacted by foreign exchange of approximately $14.6 million or 1.5% year over year. Revenues in the Clear Aligner segment declined 1% year over year to $786.8 million. Clear Aligner revenues had a 1.5% unfavorable foreign exchange im Show less Read more
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