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Align Tech: Q2 Earnings Insights

Align Tech (NASDAQ:ALGN) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Align Tech missed estimated earnings by 12.28%, reporting an EPS of $2.0 versus an estima...

Benzinga · 07/27/2022 17:57

Align Tech (NASDAQ:ALGN) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Align Tech missed estimated earnings by 12.28%, reporting an EPS of $2.0 versus an estimate of $2.28.

Revenue was down $41.45 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 15.47% drop in the share price the next day.

Here's a look at Align Tech's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.23 2.73 2.60 2.55
EPS Actual 2.13 2.83 2.87 3.04
Revenue Estimate 1.00B 1.02B 977.80M 937.88M
Revenue Actual 973.22M 1.03B 1.02B 1.01B

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.