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Align Tech (NASDAQ:ALGN) reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Align Tech missed estimated earnings by 38.46%, reporting an EPS of $1.36 versus an estimate of $2.21.
Revenue was down $125.65 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.28 which was followed by a 7.48% increase in the share price the next day.
Here’s a look at Align Tech’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.28 | 2.23 | 2.73 | 2.60 |
| EPS Actual | 2 | 2.13 | 2.83 | 2.87 |
| Revenue Estimate | 999.06M | 1.00B | 1.02B | 977.80M |
| Revenue Actual | 969.55M | 973.22M | 1.03B | 1.02B |
To track all earnings releases for Align Tech visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.