127 days ago • Posted by William Ramstein

Align 4Q revenues up 28% but stock lags 3%

Align Technology Inc.'s revenue rose by 28% in the fourth quarter, the company said, with earnings also ticking higher. Align, the company behind Invisalign, reported $159 million in profit, higher than $121.3 million in earnings the comparable quarter a year ago. Its earnings were $2 a share, up from $1.53 a share. Align's adjusted earnings were $2.61 a share. According to FactSet, analysts were expecting $2.14 a share. Revenue at Align was $834.5 million, higher than $649.8 million a year ago. Analysts were expecting $791 million. - WSJ