Align Technology (ALGN) Beats on Q2 Earnings, Lowers '24 Sales View

Align Technology, Inc. (ALGN) delivered second-quarter fiscal 2024 adjusted earnings per share (EPS) of $2.41, up 8.6% from the year-ago quarter’s level. The reported figure topped the Zacks Consensus Estimate by 3.9%.GAAP EPS for the quarter was$ 1.28 compared with $1.46 in the prior-year quarter. This reflected a decline of 12.3% year over year.RevenuesThe top line increased 2.6% year over year to$ 1.03 billion, but missed the Zacks Consensus Estimate by a marginal 0.9%. Revenues were unfavorably impacted ...