Align Technology Q3 2023 Adj. EPS $2.14 Misses $2.26 Estimate, Revenue $960.2M Misses $994.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
Align Technology reported Q3 2023 adjusted EPS of $2.14, missing the estimate of $2.26. The company's revenue of $960.2M also fell short of the $994.47M estimate.
October 25, 2023 | 8:03 pm
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NEGATIVE IMPACT
Align Technology's Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock price in the short term.
Align Technology's earnings and revenue for Q3 2023 fell short of estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100