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 has formed a multi-year partnership with Ultradent to provide an exclusive professional whitening system for Invisalign-trained doctors. The new 'Invisalign Professional Whitening System – powered by Opalescence' combines the leading Opalescence PF whitening formula with Invisalign clear aligners. This product allows dental professionals to offer simultaneous teeth straightening and whitening, enhancing patient experience and practice efficiency. The system is set to launch globally in 2022, catering to increased demand for whitening during orthodontic treatment.
Align Technology (Nasdaq: ALGN) has announced its participation in the Baird 2021 Global Healthcare Conference on September 15, 2021. The virtual presentation will take place from 10:50 to 11:20 AM Eastern Time and will be led by CFO John Morici, along with Simon Beard and Madelyn Valente. interested parties can access the live webcast via the Investor Relations section of Align's website, with archived replays available for three months.
Align Technology (Nasdaq: ALGN) has announced a leadership change, appointing Raj Pudipeddi as the managing director for the Asia Pacific region, effective immediately. He will succeed Julie Tay, who will support a smooth transition until February 2022. Pudipeddi, previously chief product and marketing officer, brings significant experience from his tenure at Align and other leadership roles. Additionally, Srini Kaza has been promoted to senior vice president of product research & development, emphasizing Align's commitment to innovation in digital orthodontics.
Align Technology has announced a new accelerated stock repurchase agreement (ASR) with Goldman Sachs to repurchase $75 million of its common stock as part of a $1.0 billion stock repurchase program initiated on May 13, 2021. The ASR will commence with an initial delivery of approximately 86,200 shares. The total number of shares repurchased will depend on Align's stock price during the ASR term, which is expected to conclude by October 26, 2021. The buyback will be financed using Align's cash reserves, which stood at $1.1 billion as of March 31, 2021.
Align Technology reported record Q2 2021 total revenues of $1.0 billion, a jump of 186.9% year-over-year. Q2 Clear Aligner revenues reached $841.0 million, up 181.9% year-over-year. The diluted net income per share was $2.51, with non-GAAP diluted net income at $3.04. Operating margin improved to 26.6%, up 47.3 points year-over-year. Clear Aligner volumes totaled 665.6 thousand cases, showing 200.0% growth year-over-year. Align anticipates 2021 revenues between $3.85 billion and $3.95 billion, indicating a robust outlook.
Align Technology has announced the opening of a new office space in Petach Tikva, Israel, covering 14,140 square meters and accommodating around 700 employees. The company has invested $51.4 million in the facility, which features modern amenities including an experience center, fitness center, and a dental clinic. This move supports Align's strategy to enhance its iTero systems and services business, central to its digital orthodontics and restorative dentistry initiatives. The investment emphasizes Align's commitment to innovation and sustainability in the workplace.
Align Technology is set to showcase its commitment to comprehensive dentistry at the International Dental Show 2021 (IDS) in Cologne, Germany, from September 22-25, 2021. This event will feature Align's largest exhibition space to date, integrating a hybrid experience for in-person and virtual attendees. The showcase will include innovations like the Invisalign Go Plus system and highlight the Align Digital Platform, which enhances digital workflows for practitioners. Align aims to support dental professionals with agile solutions for effective treatment outcomes.
Align Technology, Inc. (Nasdaq: ALGN), a global leader in dental technology, announced its second quarter 2021 financial results will be reported on July 28, 2021, after market close. The results will be available on their Investor Relations website at 4:00 p.m. ET. Following the report, a conference call will take place at 4:30 p.m. ET to discuss the results, accessible via audio webcast. Align Technology serves over 200,000 professional customers and has treated over 10.2 million patients with their innovative Invisalign system.
Align Technology, Inc. (NASDAQ: ALGN) has announced the Invisalign ChangeMakers program, providing $5,000 to 100 young leaders for community projects. Launched in partnership with National 4-H Council, the initiative recognizes teens aged 13-19 making a positive impact. Winners were chosen based on applications received from January to March 2021. Celebrated during a virtual ceremony on July 10, 2021, some recipients included youth creating health and educational initiatives. Align emphasizes the importance of community involvement and youth empowerment.
Align Technology (NASDAQ: ALGN) has launched its first limited-edition product, the Charli D’Amelio x Invisalign® Aligner Case, designed in collaboration with social media star Charli D’Amelio. This exclusive aligner case features a pink exterior, lavender interior, and Charli's mantra, "All Smiles Here." Priced at $24.99, it will be available at the official Invisalign store. Align's milestone of treating over 10.2 million patients highlights the brand's impact in digital orthodontics, improving patient outcomes.
