Vmbook Online ordering

Icons

**Company Information**

**Name:** Align Technology, Inc.

**Stock Symbol:** ALGN (NASDAQ)

**Industry:** Medical Devices

**Headquarters:** San Jose, California, USA

**Business Description:**

Align Technology is a global medical device company that designs, manufactures, and markets clear aligner systems for orthodontic treatment. Its flagship product, Invisalign, is a clear, removable aligner that gradually moves teeth into their desired positions.

**Key Financial Metrics**

**Revenue (2022):** $4.2 billion

**Net Income (2022):** $1.2 billion

**Earnings Per Share (2022):** $14.45

**Market Capitalization (as of March 8, 2023):** $64.5 billion

**Growth Metrics**

**Revenue Growth (2021-2022):** 21.3%

**Earnings Per Share Growth (2021-2022):** 22.6%

**Recent Earnings**

**Q4 2022 Earnings:**

* Revenue: $1.2 billion (up 17.4% year-over-year)

* Net Income: $307.5 million (up 13.8% year-over-year)

* Earnings Per Share: $3.69 (up 13.6% year-over-year)

**Analyst Estimates**

Analysts expect Align Technology to continue to grow in the coming years. The consensus analyst estimates for 2023 are:

* Revenue: $4.7 billion

* Earnings Per Share: $16.95

**Key Strengths**

* Strong brand recognition and market leadership in clear aligner systems

* Innovative technology and a wide range of treatment options

* Global distribution network

* High patient satisfaction and clinical outcomes

**Key Risks**

* Competition from traditional braces and other orthodontic treatments

* Reimbursement challenges from insurance companies

* Economic downturns that could reduce demand for elective dental procedures