This medical equipment company beat analysts’ estimates by $0.19 last quarter, and Wall Street is forecasting an annual growth rate of more than 27% for the company for the next five years.
Align Technology, Inc. (ALGN)
From The Chartist
Align Technology, Inc. (ALGN) designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage.
The company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Teen and Assist (Comprehensive Products), Express/Lite (Non-Comprehensive Products) and Vivera Retainers, along with its training and ancillary products for treating malocclusion (Non-Case). The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Scanner segment includes its iTero scanner and OrthoCAD services.
Dan Sullivan, The Chartist, www.thechartist.com, 900-942-4278, November 30, 2017