Align: Q4 Foreign Exchange Challenges
Align Technology (NASDAQ:ALGN), known for its Invisalign clear aligners and digital dental systems, announced its fourth-quarter 2024 results on Feb. 5, 2025. The earnings release highlighted stable performance amid currency and demand challenges. The company reported Non-GAAP earnings per share (EPS) of $2.44, marginally missing analysts’ estimates of $2.45. Revenue was $995.2 million, slightly below the expected $996 million, though within management's forecast range. Overall, the quarter showed steady growth in key segments, tempered by external economic factors.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in 2024-10-23 earnings report.
Align Technology is at the forefront of digital orthodontics with its flagship Invisalign system. This clear aligner product replaces conventional braces, providing an innovative solution for dental corrections. The company integrates advanced technology through offerings like iTero intraoral scanners and CAD/CAM software, crucial for precise treatment planning and monitoring.
Source Fool.com
