© Reuters. Align Earnings, Revenue Beat in Q4
Align announced earnings per share of $2.61 on revenue of $834.5M. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $784.49M.
Align shares are up 6% from the beginning of the year, still down 5.91% from its 52 week high of $579.50 set on January 8. They are broadly in line with the Nasdaq which is up 5.6% from the start of the year.
Align shares gained 5.45% in after-hours trade following the report.
Align follows other major Healthcare sector earnings this month
Align's report follows an earnings beat by J&J on January 26, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Abbott Labs had beat expectations on January 27 with fourth quarter EPS of $1.45 on revenue of $10.7B, compared to forecast for EPS of $1.35 on revenue of $9.94B.
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