Align Tech Q2 Adj EPS $2.22 Beats $2.03 Estimate, Sales $1.00B Beat $991.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Align Tech (NASDAQ:ALGN) reported Q2 earnings of $2.22 per share, beating the analyst consensus estimate of $2.03 by 9.36%. The company also reported quarterly sales of $1.00 billion, surpassing the analyst consensus estimate of $991.60 million by 1.05%. This represents a 3.35% increase over sales of $969.55 million the same period last year.
July 26, 2023 | 8:03 pm
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POSITIVE IMPACT
Align Tech's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock price in the short term.
Align Tech's Q2 earnings and sales surpassed analyst estimates, which is typically a positive signal for investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100