Align Technology: Fourth Quarter Earnings Overview

Align Technology Announces Strong Fourth-Quarter Results

Align Technology Inc., headquartered in Tempe, Arizona, revealed its financial performance for the fourth quarter, reporting a net income of $135.8 million.

The company achieved earnings of $1.89 per share, with adjusted earnings—excluding certain one-time items—reaching $3.29 per share.

These figures exceeded analysts’ expectations, as the consensus from six analysts polled by Zacks Investment Research had anticipated earnings of $2.99 per share.

Align Technology, known for its Invisalign clear aligners, generated $1.05 billion in revenue during the quarter, surpassing the $1.03 billion forecasted by five Zacks analysts.

For the full year, Align Technology reported a total profit of $410.4 million, or $5.65 per share, with annual revenue amounting to $4.03 billion.

Looking ahead, the company projects revenue for the first quarter, ending in March, to fall between $1.01 billion and $1.03 billion.

Since the start of the year, Align Technology’s stock has risen by just over 3%. However, as of the close of trading on Wednesday, the share price stood at $161.29, reflecting a 25% decrease over the past year.