Welcome to our dedicated page for Align Technology news (Ticker: ALGN), a resource for investors and traders seeking the latest updates and insights on Align Technology stock.
Align Technology, Inc. (ALGN) is a global leader in digital orthodontic solutions, pioneering innovations like Invisalign clear aligners and iTero intraoral scanners. This page provides official updates on corporate developments, financial performance, and advancements in digital dentistry.
Access real-time press releases, earnings reports, and strategic announcements directly from the company. Investors will find quarterly results and regulatory filings, while industry professionals can track product launches, clinical studies, and partnership agreements.
Our curated collection includes updates on:
• Financial disclosures (earnings, SEC filings)
• Product innovations (new aligner technologies, scanner enhancements)
• Strategic initiatives (global expansions, research collaborations)
• Industry recognition (awards, clinical study results)
Bookmark this page for streamlined access to ALGN's latest developments. Verify investment hypotheses or stay informed about advancements in clear aligner therapy through primary-source updates.
Align Technology reported Q4 2021 revenues of $1.03 billion, a 23.6% year-over-year increase. Full year revenue reached $4.0 billion, up 59.9%. Clear Aligner revenue was $3.2 billion, while Imaging Systems and CAD/CAM Services rose to $705.5 million, marking increases of 54.5% and 90.4% respectively. Q4 diluted EPS stood at $2.40; non-GAAP diluted EPS was $2.83. The company achieved significant milestones, serving over 12 million Invisalign patients. Looking ahead, Align anticipates 2022 revenue growth of 20%-30% despite potential Omicron impacts.
Align Technology (Nasdaq: ALGN) will report its fourth quarter and full year 2021 financial results on February 2, 2022, after market close. The results will be available on the company's Investor Relations website at 4:00 p.m. ET. Following this, a conference call will take place at 4:30 p.m. ET to discuss the results, accessible via an audio webcast. Tentative earnings release dates for fiscal 2022 are also announced, with the first quarter on April 27, 2022.
Align Technology has announced a significant $1 million donation to the American Association of Orthodontists Foundation (AAOF), aimed at enhancing orthodontic education and research. This donation, to be distributed over five years, reflects Align's commitment to advancing the science of orthodontics. The AAOF, since its inception, has awarded $14.6 million for educational and research initiatives, benefiting orthodontic professionals and their patients. Align has been a corporate partner with the AAOF since 2017, demonstrating ongoing support for the orthodontic community.
Align Technology (Nasdaq: ALGN) announces its participation in upcoming financial conferences, with presentations available for streaming on their Investor Relations website. The company will be featured at the Jefferies London Healthcare Conference on November 18, 2021, and the Piper Sandler 33rd Annual Virtual Healthcare Conference on November 30, 2021, where key executives will present insights. Align Technology specializes in innovative solutions for orthodontics and restorative dentistry, including the Invisalign system and iTero scanners.
Align Technology has opened its 2022 Research Award Program, offering up to $375,000 in funding to support dental research at universities globally. This initiative aims to enhance clinical and scientific research in orthodontics and dentistry. Since the program's launch in 2010, Align has allocated approximately $2.4 million in research funding. The awards, available across the Americas, EMEA, and APAC, will fund five one-year projects of up to $25,000 each. Applications are due by March 4, 2022.
Align Technology, Inc. (ALGN) has announced a new accelerated stock repurchase (ASR) agreement with Citibank to repurchase $100 million of its common stock. This repurchase is part of Align's $1 billion stock repurchase program initiated on May 13, 2021. Under this agreement, Align will initially receive approximately 128,100 shares, with the final share count based on the stock's average price during the ASR term. The transaction, set to complete in about three months, will be funded using Align's cash reserves, which totaled $1.2 billion as of September 30, 2021.
Align Technology announced the results of a clinical study published in the Journal of Dentistry, demonstrating that the iTero Element 5D imaging system with NIRI technology outperforms traditional bitewing radiography in detecting early enamel lesions by 66%. The study indicated a detection accuracy of 88.6% for early enamel lesions and 96.9% for carious lesions. Conducted across five dental clinics in Germany and Canada, the iTero system offers a radiation-free option for caries detection, enhancing dental assessments and treatment options for patients.
Align Technology reported Q3'21 revenues of $1.016 billion, a 38.4% increase year-over-year and a 0.5% sequential rise. Clear Aligner revenues stood at $837.6 million, up 34.9% year-over-year but down 0.4% sequentially. The company achieved an operating margin of 25.7%, a slight decrease from the previous quarter. Notably, the total volume of Clear Aligners for teens rose 26.6% year-over-year. Align’s cash and equivalents reached $1.2 billion as of Sept 30, 2021. Outlook for FY 2021 anticipates revenues between $3.90 billion and $3.95 billion, indicating growth of 58% to 60% compared to 2020.
Align Technology (Nasdaq: ALGN) announced a hybrid Investor Day on October 29, 2021, from 4:00 p.m. to 8:30 p.m. Eastern Time. The event aims to provide insights on the company's advancements in digital orthodontics and restorative dentistry, leveraging the Invisalign system and iTero scanners.
Virtual participants must register in advance via the provided link. The meeting will be broadcast live, and a replay will be available on Align's website for three months post-event. For inquiries, contact Courtney Clemons at 408-591-0379.
Align Technology (Nasdaq: ALGN) announced it will release its third quarter 2021 financial results on October 27, 2021, after market close. Results will be accessible on the company’s Investor Relations website at 4:00 p.m. ET. A conference call will follow at 4:30 p.m. ET to discuss the results, available via audio webcast. Archived webcasts will be accessible for one month post-call. Align specializes in the Invisalign system, iTero scanners, and exocad software, serving over 200,000 doctors and having treated approximately 10.9 million patients globally.
