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Align Earnings, Revenue Miss in Q1 -Breaking

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© Reuters. In Q1, Revenue and Earnings Miss Align

Align (NASDAQ) – Investing.com reported Wednesday that the first quarter revenue fell below analysts’ expectations and that it missed forecasts.

Align reported earnings per share at $2.13 on $973.2M in revenue. Investing.com polled analyst to predict EPS at $2.3 on $1.01B in revenue.

Align shares rose 1% over the first year. However, they are down 51.12% from their 52 week high $737.45 on September 23, 2021. The Align shares are outperforming their peers, which has fallen 20.32% since the beginning of the year.

Align shares were down 20.84% after the report.

This month, Align is following other notable earnings in the Healthcare sector

Align follows a UnitedHealth earnings beat of April 14. UnitedHealth reported EPS $5.49 on revenue revenue of $80.15B. Forecasts were for EPS $5.36 on revenue revenue of $78.73B.

J&J had beat expectations on April 19 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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