Earnings Look Back: Align Technology Is Down 5.7% Since Reporting Quarterly Results 2 Weeks Ago (ALGN)
Comtex SmarTrend(R) - Mon May 12, 11:30AM CDT
When Align Technology (NASDAQ:ALGN) reported earnings two weeks ago on April 23rd, 2014, analysts, on average, expected the company to report earnings of $0.34 on sales of $177.4 million. Align Technology actually reported earnings of $0.39 per share on sales of $180.6 million, beating EPS estimates by $0.05 and beating revenue estimates by $3.2 million. Shares of Align Technology have slipped from $52.45 to $49.45, representing a loss of 5.7%, since the company reported earnings 19 days ago.
Health Care Sector Stocks Technical Data -- Research on Bacterin International Holdings, Align Technology, Endologix, and Unilife
PR Newswire - Mon May 12, 11:30AM CDT
On Friday, May 09, 2014, the NASDAQ Composite ended at 4,071.87, up 0.50%, the Dow Jones Industrial Average finished the session at 16,583.34, up 0.20% and the S&P 500 closed at 1,878.48, up 0.15%. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 668.35, up 0.58%, and the index has gained 3.66% in the previous one month. Investor-Edge has initiated coverage on the following equities: Bacterin International Holdings Inc. (NYSE MKT: BONE), Align Technology Inc. (NASDAQ: ALGN), Endologix Inc. (NASDAQ: ELGX) and Unilife Corp. (NASDAQ: UNIS). Free technical research on BONE, ALGN, ELGX and UNIS can be downloaded upon signing up at:
Ortho Caps GmbH (Manufacturer of Orthocaps® Aligners) Wins Favourable Decision in Patent Dispute From Federal Patent Court in Germany
CNW Group - Fri May 09, 9:10AM CDT
In December 2011, Align Technology filed a patent infringement lawsuit against Ortho Caps GmbH (maker of orthocaps® aligners) asserting that Ortho Caps infringes five Align Technology patents (EP2263599, EP2263598, EP0989828, EP1369091, and EP1143872) with respect to the production and sale of orthocaps aligners.
Downtrend Call Working As Align Technology Stock Falls 10.3% (ALGN)
Comtex SmarTrend(R) - Thu May 08, 10:03AM CDT
SmarTrend identified a Downtrend for Align Technology (NASDAQ:ALGN) on February 7th, 2014 at $54.60. In approximately 3 months, Align Technology has returned 10.28% as of today's recent price of $48.99.
/C O R R E C T I O N -- Extreme Networks, Inc./
PR Newswire - Tue May 06, 8:05PM CDT
In the news release, Extreme Networks Reports Third Quarter Fiscal Year 2014 Financial Results, issued 06-May-2014 by Extreme Networks, Inc. over PR Newswire, we are advised by the company that in the "Business Outlook" paragraph, the beginning of the fourth sentence should read "GAAP net loss" rather than "GAAP net income" as originally issued inadvertently. The complete, corrected release follows:
Extreme Networks Reports Third Quarter Fiscal Year 2014 Financial Results
PR Newswire - Tue May 06, 3:03PM CDT
Extreme Networks, Inc. (Nasdaq: EXTR) today released financial results for the third quarter of fiscal year 2014, ended March 31, 2014. GAAP revenue was $141.8 million and non-GAAP revenue was $143.7 million. GAAP net loss for the third fiscal quarter was $25.1 million, or $0.26 per share, and non-GAAP net income of $1.6 million, or $0.02 per diluted share. This is the first quarter that Extreme Networks is reporting full quarter results which include the Enterasys acquisition.
Medical Devices Face Onslaught Of Pricing Pressure
at Investor's Business Daily - Fri May 02, 4:26PM CDT
Makers of medical devices are coming under increasing pressure, owing to a fundamental power shift in American medicine favoring insurance companies, hospitals and their patients. The change, according to Moty Avisar, president of medical systems...
Will CVS Caremark (CVS) Beat Earnings This Quarter? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 01, 5:30PM CDT
CVS Caremark (CVS) is scheduled to report its first-quarter 2014 results before the opening bell on May 2.
Align Technology to Present at Deutsche Bank 39th Annual Health Care Conference
Marketwire - Wed Apr 30, 7:31AM CDT
Align Technology, Inc. (NASDAQ: ALGN) today announced that Shirley Stacy, vice president Corporate Communications and Investor Relations of Align Technology, is scheduled to speak at the Deutsche Bank's 39th Annual Health Care Conference. The presentation, as noted below, will be webcast live via the Investor Relations section of Align Technology's website at http://investor.aligntech.com. An archived replay will remain on the web site for approximately three months.
Align Technology Announces $70 Million Accelerated Stock Repurchase Program
Marketwire - Tue Apr 29, 5:01AM CDT
Align Technology, Inc. (NASDAQ: ALGN) today announced that it has entered into an accelerated stock repurchase agreement (ASR) with Goldman, Sachs & Co. to repurchase $70 million of Align's common stock as part of Align's three-year, $300 million stock repurchase program announced on April 23, 2014.
Will Boston Scientific (BSX) Beat Earnings This Quarter? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 28, 3:55PM CDT
Boston Scientific Corporation (BSX) is scheduled to report its first-quarter 2014 results before the opening bell on Apr 29.
Align Technology Beats on Top & Bottom, Guides High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 28, 8:11AM CDT
Align Technology Inc. (ALGN) delivers better-than-expected first-quarter 2014 results.
Can Ecolab (ECL) Surprise This Earnings Season? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 25, 4:23PM CDT
Ecolab's (ECL) earnings rose 17% year over year to $1.04 per share in the fourth quarter of 2013.
Can Covidien (COV) Keep the Earnings Streak Alive? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 24, 5:00PM CDT
Covidien's (COV) first-quarter earnings rose 3.1% year over year to $1.00 per share and beat the Zacks Consensus Estimate by 6 cents.
Align Technology Falls 3.15% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Apr 24, 4:37PM CDT
Align Technology (NASDAQ:ALGN) traded in a range yesterday that spanned from a low of $48.56 to a high of $52.80. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $51.78 on volume of 2.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CONMED Beats, Earnings Rise 5.3% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 24, 1:31PM CDT
For full year 2014, CONMED (CNMD) reiterated its revenues guidance in the range of $770 to $780 million.
Align Technology to Host Analyst Meeting on May 29, 2014
Marketwire - Thu Apr 24, 12:06PM CDT
Align Technology, Inc. (NASDAQ: ALGN) announced that it will host an analyst meeting on Thursday, May 29, 2014, in New York City.
Align Technology's board approves USD300m stock repurchase plan
M2 - Thu Apr 24, 6:38AM CDT
The board of directors of Align Technology (NASDAQ:ALGN), an orthodontics company, said on Wednesday that it has approved the repurchase of up to USD300m of the its stock over the next three years.
ALIGN TECHNOLOGY
at Investor's Business Daily - Wed Apr 23, 5:48PM CDT
ALIGN TECHNOLOGY (ALGN) Q1 EPS jumped 50% to 39 cents, beating views by 4 cents. Revenue rose 18% to $180.6 mil, above views. The maker of Invisalign braces sees Q2 EPS of 36-39 cents, under views for 43 cents. Shares fell fractionally.