Align earnings top expectations as teens and other customers drive growth

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Shares of Align Technology Inc. were rising 12% in after-hours trading Wednesday after the maker of clear tooth straighteners topped expectations with its...

Shares of Align Technology Inc.

were rising 12% in after-hours trading Wednesday after the maker of clear tooth straighteners topped expectations with its latest quarterly financials. The company logged second-quarter net income of $112 million, or $1.46 a share, compared with $113 million, or $1.44 a share, in the year-prior quarter. On an adjusted basis, Align earned $2.22 a share, up from $2.15 a share a year before, while analysts tracked by FactSet were modeling $2.03 a share.

were rising 12% in after-hours trading Wednesday after the maker of clear tooth straighteners topped expectations with its latest quarterly financials. The company logged second-quarter net income of $112 million, or $1.46 a share, compared with $113 million, or $1.44 a share, in the year-prior quarter. On an adjusted basis, Align earned $2.22 a share, up from $2.15 a share a year before, while analysts tracked by FactSet were modeling $2.03 a share.

 

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