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Based in Tempe, Arizona, Align Technology, Inc. (ALGN) is a global leader in the design and manufacture of innovative medical devices, best known for its Invisalign system of clear aligners. With a market cap of $18.74 billion, Align Technology offers a comprehensive suite of digital orthodontic and restorative treatments. The company is set to report its fiscal second-quarter earnings for 2024 after the market closes on Wednesday, Jul. 24.
Ahead of the event, analysts expect ALGN to report a profit of $1.90 per share, up 9.8% from $1.73 per share in the year-ago quarter. In the last four quarters, the company has surpassed Wall Street’s bottom-line estimates in three and missed on another occasion.