The maker of Invisalign plunges on weak earnings as fewer North American teens need teeth straightening

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The company's popular tooth-aligning product sold fewer units than anticipated, and at lower average prices than the previous quarter.

Align Technology shares plummeted roughly 20% in early trading Thursday after the company's Invisalign product didn't sell as well as anticipated in the second quarter. The company attributed the drop to"a more crowded competitive environment" for young adults in North America and slowed growth in China. Align's CEO said North American sales are already recovering in July as doctors return to Invisalign after trying competing products. Watch Align trade live here.

Align Technology shares plummeted roughly 20% in early trading Thursday after the company's Invisalign product didn't sell as well as anticipated in the second quarter. The company attributed the drop to"a more crowded competitive environment" for young adults in North America and slowed growth in China. Align's CEO said North American sales are already recovering in July as doctors return to Invisalign after trying competing products. Watch Align trade live here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The boys jostled with one another for the ball? But who on earth is r.h. Sin that is long mistaken for Prince Philips?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford shares plunge after earnings fall short, guidance disappointsFord shares were up more than 34% year-to-date through Wednesday but still down by about 2.6% over the past 12 months. How much stock would I have to own to make it worth owning Ford Stock? Amidst Ford's shares declining after Q2 earnings, data from equilarinc notes that total median employee pay fell from $87,783 in 2017 to $64,316 in 2018. $F employeepay shares
Source: CNBC - 🏆 12. / 72 Read more »