BUZZ-Align Technology rises after lifting 2025 revenue growth forecast

Reuters
05-01
BUZZ-Align Technology rises after lifting 2025 revenue growth forecast

** Shares of dental products manufacturer Align Technology ALGN.O rise 13.6% to $196.82 premarket

** Late on Wednesday, co raised 2025 year-over-year revenue growth in the range of 3.5% to 5.5%, from prior low single-digit expectations

** Co reports Q1 adj. profit of $2.13 per share, above analysts' est. of $1.99 per share - data compiled by LSEG

** Co posts Q1 sales of $979.3 mln, above est. of $975.24 mln

** Co also expects Q2 sales to be in the range of $1.05 bln to $1.07 bln vs expectations of $1.06 bln

** As of last close, stock down ~17% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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