Edition:
India

Align Technology Inc (ALGN.OQ)

ALGN.OQ on NASDAQ Stock Exchange Global Select Market

175.04USD
23 Aug 2019
Change (% chg)

$-3.93 (-2.20%)
Prev Close
$178.97
Open
$177.84
Day's High
$179.15
Day's Low
$173.83
Volume
505,299
Avg. Vol
434,203
52-wk High
$398.46
52-wk Low
$172.82

Latest Key Developments (Source: Significant Developments)

Align Technology Q2 Earnings Per Share $1.83
Thursday, 25 Jul 2019 

July 24 (Reuters) - Align Technology Inc ::Q2 EARNINGS PER SHARE $1.83.Q2'19 TOTAL REVENUES WERE $600.7 MILLION, UP 22.5% YEAR-OVER-YEAR.SEES Q3 2019 EARNINGS PER SHARE $1.09 TO $1.16.SEES Q3 2019 REVENUE $585 MILLION TO $600 MILLION.ALIGN TECHNOLOGY - SEES Q3 INVISALIGN CASE SHIPMENTS IN RANGE OF 370 THOUSAND TO 380 THOUSAND, UP ABOUT 16% TO 19% OVER SAME PERIOD A YEAR AGO.EXPECT TO REPURCHASE AT LEAST $100 MILLION OF OUR STOCK IN OPEN MARKET IN Q3.EXPECT CAPEX FOR Q3 TO BE APPROXIMATELY $50 MILLION TO $55 MILLION, AND WE EXPECT DEPRECIATION AND AMORTIZATION TO BE $24 MILLION TO 26 MILLION.  Full Article

Align Technology And Straumann Group Terminate Development And Distribution Agreement Discussions
Friday, 14 Jun 2019 

June 14 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY AND STRAUMANN GROUP TERMINATE DISCUSSIONS CONCERNING A POSSIBLE DEVELOPMENT AND DISTRIBUTION AGREEMENT.ALIGN TECHNOLOGY INC - STRAUMANN WILL PAY ALIGN AN ADDITIONAL $16 MILLION IN LIEU OF DEVELOPMENT AND DISTRIBUTION AGREEMENT.ALIGN TECHNOLOGY INC - TERMINATED TALKS ABOUT POSSIBLE DEVELOPMENT & DISTRIBUTION AGREEMENT DISCLOSED AS PART OF PATENT SETTLEMENT AGREEMENT IN MARCH.ALIGN TECHNOLOGY - AS PART OF THIS SETTLEMENT, CO & STRAUMANN SIGNED A NON-BINDING LETTER OF INTENT FOR A 5-YEAR GLOBAL DEVELOPMENT AND DISTRIBUTION DEAL.ALIGN- PARTIES CONSIDERED EXPLORING POSSIBILITY OF OFFERING EXISTING ITERO USERS ACCESS TO STRAUMANN'S PROSTHETIC AND SURGICAL PLANNING WORKFLOWS.  Full Article

Align Provides Update On Patent Infringement Case Against 3Shape
Saturday, 4 May 2019 

May 3 (Reuters) - Align Technology Inc ::ALIGN PROVIDES UPDATE ON PATENT INFRINGEMENT CASE AGAINST 3SHAPE.ALIGN TECHNOLOGY INC - ALJ INITIAL DETERMINATION FINDS NO SECTION 337 VIOLATION BASED ON HER CONSTRUCTION OF RELEVANT CLAIM TERMS.ALIGN TECHNOLOGY INC - ADMINISTRATIVE LAW JUDGE (ALJ) FINDS 19 OF 20 ASSERTED ALIGN PATENT CLAIMS VALID.ALIGN TECHNOLOGY INC - ALJ RULING NOT FINAL AND ALIGN WILL SEEK COMMISSION REVIEW.ALIGN TECHNOLOGY INC - ALIGN INTENDS TO "PETITION FOR REVIEW OF FINDINGS IT BELIEVES ARE INCORRECT".ALIGN TECHNOLOGY INC - AT PRESENT, ALIGN HAS THREE ITC CASES & SIX FEDERAL DISTRICT COURT PATENT INFRINGEMENT CASES PENDING AGAINST 3SHAPE.ALIGN TECHNOLOGY INC - 3SHAPE MAY ALSO PETITION FOR REVIEW OF INITIAL DETERMINATION.  Full Article

Align Technology Reports Q1 EPS Of $0.89
Thursday, 25 Apr 2019 

April 24 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.89.Q1 REVENUE $549 MILLION.Q1 REVENUES UP 25.6% YEAR-OVER-YEAR TO A $549.0 MILLION.SEES Q2 2019 REVENUE $590 MILLION TO $600 MILLION.SEES Q2 DILUTED EPS IN RANGE OF $1.47 TO $1.54.SEES Q2 2019 REVENUE UP ABOUT 20 TO 22 PERCENT.SEES Q2 2019 EARNINGS PER SHARE $1.47 TO $1.54.Q2 EARNINGS PER SHARE VIEW $1.24, REVENUE VIEW $592.1 MILLION -- REFINITIV IBES DATA.  Full Article

Align Technology Says CEO's Total Compensation For FY 2018 Was $41.8 Mln
Friday, 5 Apr 2019 

April 4 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY SAYS CEO JOSEPH M. HOGAN'S TOTAL COMPENSATION FOR FY 2018 WAS $41.8 MILLION VERSUS $11.7 MILLION IN FY 2017- SEC FILING.ALIGN TECHNOLOGY SAYS CEO JOSEPH M. HOGAN'S TOTAL COMPENSATION FOR FY 2018 INCLUDED $36.8 MILLION STOCK AWARDS.ALIGN TECHNOLOGY SAYS RATIO OF 2018 ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES IS 3,168 TO 1.  Full Article

Align Technology, Straumann Group Settle Global Clearcorrect Patent Disputes
Friday, 29 Mar 2019 

March 28 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY AND STRAUMANN GROUP SETTLE GLOBAL CLEARCORRECT PATENT DISPUTES AND SIGN NON-BINDING LETTER OF INTENT FOR STRAUMANN TO DISTRIBUTE ITERO SCANNERS.ALIGN TECHNOLOGY INC - UNDER TERMS OF SETTLEMENT, STRAUMANN WILL PAY ALIGN $35 MILLION.ALIGN TECHNOLOGY INC - ALIGN AND STRAUMANN ALSO SIGNED A NON-BINDING LETTER OF INTENT FOR A 5-YEAR GLOBAL DEVELOPMENT AND DISTRIBUTION AGREEMENT.ALIGN TECHNOLOGY INC - AS PER 5-YEAR GLOBAL DEVELOPMENT AND DISTRIBUTION AGREEMENT, STRAUMANN WOULD DISTRIBUTE 5,000 ITERO ELEMENT SCANNERS.ALIGN TECHNOLOGY INC - OTHER TERMS OF SETTLEMENT AGREEMENT ARE CONFIDENTIAL.  Full Article

Administrative Law Judge Determines 3Shape Infringes Three Align Patents
Friday, 8 Mar 2019 

March 7 (Reuters) - Align Technology Inc ::ADMINISTRATIVE LAW JUDGE DETERMINES 3SHAPE INFRINGES THREE ALIGN PATENTS; INITIAL DETERMINATION DECLINES TO FIND SECTION 337 VIOLATION.ALIGN TECHNOLOGY INC - ALJ DECLINES TO ADDRESS TWO OTHER ALIGN PATENTS BECAUSE OF DELAY RESULTING FROM U.S. GOVERNMENT SHUTDOWN.ALIGN TECHNOLOGY INC - WILL SEEK COMMISSION REVIEW OF ALJ'S INITIAL DETERMINATION.  Full Article

Align Technology Announces Distribution Agreement With Benco Dental
Friday, 8 Mar 2019 

March 7 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ANNOUNCES DISTRIBUTION AGREEMENT WITH BENCO DENTAL FOR ITERO ELEMENT® INTRAORAL SCANNERS.ALIGN TECHNOLOGY - DISTRIBUTION AGREEMENT WITH BENCO IS A NON-EXCLUSIVE ARRANGEMENT.ALIGN TECHNOLOGY INC - ADDITIONAL DETAILS OF AGREEMENT ARE CONFIDENTIAL.  Full Article

SmileDirectClub Says Arbitration Ruling Finds Align Technology In Violation Of Restrictive Covenants With Smile
Wednesday, 6 Mar 2019 

March 6 (Reuters) - SmileDirectClub::ARBITRATION RULING FINDS ALIGN TECHNOLOGY IN VIOLATION OF RESTRICTIVE COVENANTS WITH SMILE DIRECT CLUB.SMILEDIRECTCLUB - AS PART OF RULING, ALIGN HAS BEEN ORDERED TO RETURN ITS OWNERSHIP STAKE BACK TO CO.SMILEDIRECTCLUB - ARBITRATION DECISION HAS NO IMPACT ON ALIGN'S EXISTING SUPPLY AGREEMENT WITH SMILEDIRECTCLUB THROUGH 2019.  Full Article

Align Technology Announces 2018 Financial Results
Wednesday, 30 Jan 2019 

Jan 29 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ANNOUNCES RECORD 2018 FINANCIAL RESULTS.Q4 TOTAL REVENUES UP 26.7% YEAR-OVER-YEAR TO A RECORD $534.0 MILLION, AND DILUTED EPS OF $1.20.Q4 EARNINGS PER SHARE VIEW $1.15, REVENUE VIEW $512.7 MILLION -- REFINITIV IBES DATA.SEES Q1 NET REVENUES IN RANGE OF $525.0 MILLION TO $535.0 MILLION.SEES Q1 DILUTED EPS IN RANGE OF $0.78 TO $0.84.Q1 EARNINGS PER SHARE VIEW $1.18, REVENUE VIEW $529.3 MILLION -- REFINITIV IBES DATA.SEES Q1 INVISALIGN CASE SHIPMENTS IN RANGE OF 340 THOUSAND TO 345 THOUSAND, UP APPROXIMATELY 25% TO 27%.  Full Article

Photo

U.S. healthcare stocks shielded from political pressures prove profitable

NEW YORK U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of the sector.