Align Technology Posts Strong Revenue Growth but Warns of Softness in China
Align Technology (NASDAQ: ALGN) provided a positive surprise to investors the last time it reported its quarterly results in April. The orthodontic-device maker beat the guidance that it had provided earlier with 28% year-over-year revenue growth.
After posting solid numbers in the first quarter, Align predicted that its revenue would be between $590 million and $600 million in the second quarter. The company announced the results from its second quarter after the market closed on Wednesday. Here's how Align performed.
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