Investing.com - Align (NASDAQ:ALGN) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Align announced earnings per share of $1.36 on revenue of $890.30. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $973.03M.
Align shares are down 66.27% from the beginning of the year, still down 68.93% from its 52 week high of $713.33 set on November 9, 2021.
Align follows other major Healthcare sector earnings this month
Align's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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