Align Technology Exceeds Wall Street Expectations with Strong Q2 Performance

In the most recent quarter, Align Technology reported revenue of $997.43 million, a 5.8% increase from the same period last year. Earnings per share (EPS) came in at $2.14, up from $1.82 in the prior quarter. These results surpassed the Zacks Consensus Estimate by 2.62% for revenue and 8.08% for EPS.

While investors often analyze revenue and earnings changes year-over-year and compare them against Wall Street expectations to make investment decisions, certain key metrics provide a more accurate assessment of a company’s financial health. By examining these metrics compared to the previous year and analyst estimates, investors can better predict a stock’s price performance.

In the latest quarter, Align Technology performed well in several key metrics monitored by Wall Street analysts. Clear aligner shipments totaled 605, exceeding the average estimate of 589. Net revenues for Imaging Systems and CAD/CAM Services reached $180.18 million, higher than the average estimate of $163.02 million from three analysts. Total Clear Aligner net revenues amounted to $817.25 million, surpassing the average estimate of $811