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**Company Overview**

**Name:** Align Technology, Inc.

**Symbol:** ALGN

**Exchange:** Nasdaq Global Select Market

**Industry:** Medical Devices

**Sector:** Healthcare

**Headquarters:** San Jose, California

**Key Metrics**

* **Market Cap:** $37.9 billion (as of February 24, 2023)

* **Revenue (2022):** $3.8 billion

* **Net Income (2022):** $963.4 million

* **Earnings Per Share (2022):** $13.56

**Business Description**

Align Technology is a global medical device company that designs, manufactures, and sells orthodontic products and services. Its primary product is the Invisalign system, a clear aligner system used to straighten teeth.

**Financial Performance**

* **Revenue:** Align Technology has experienced consistent revenue growth in recent years, driven by the increasing popularity of Invisalign. Revenue increased by 21% in 2022 compared to 2021.

* **Earnings:** The company's net income has also grown steadily, increasing by 19% in 2022.

* **Earnings Per Share:** EPS has followed a similar trend, rising by 20% in 2022.

**Growth Drivers**

* **Expanding Patient Base:** The growing demand for orthodontic treatment, particularly among adults, is a key growth driver for Align Technology.

* **Innovation:** The company continues to invest in research and development to improve its Invisalign system and introduce new products.

* **Global Expansion:** Align Technology is expanding its operations into new markets, including China and India.

**Competitive Landscape**

Align Technology faces competition from other orthodontic companies, such as Dentsply Sirona and 3M. However, the company has a strong market share and brand recognition in the clear aligner market.

**Investment Considerations**

* **Strong Financial Performance:** Align Technology has a solid track record of revenue and earnings growth.

* **Growth Potential:** The company has significant growth opportunities through expanding its patient base and introducing new products.

* **Valuation:** The company's valuation is relatively high, but it is supported by its strong financial performance and growth prospects.