Align Technology (ALGN.US) - the maker of the Invisalign, which is the alternative to metal braces, reported quarterly earnings of $2.25 per share well above the 67 cents per share consensus estimate. Revenue also topped market estimates by a wide margin.
Company attributed its strong quarterly figures to a new “teen and mom consumer-focused campaign,” and saw “an uptick in consumer engagement from new social-media influencers like Charli D’Amelio and Marsai Martin, and a 25.6% year-over-year increase in teenagers using Invisalign clear aligners.” Chief Executive Joe Hogan said in a statement.
Company attributed its strong quarterly figures to a new “teen and mom consumer-focused campaign,” and saw “an uptick in consumer engagement from new social-media influencers like Charli D’Amelio and Marsai Martin, and a 25.6% year-over-year increase in teenagers using Invisalign clear aligners.” Chief Executive Joe Hogan said in a statement.
Align Technology (ALGN.US) - shares rose more than 23% in the extended session after the company released its third-quarter earnings results. Align stock launched today's trading session with a massive bullish price gap and hit all-time high of $459.33. Source: xStation5
