secwatch.observer — SEC 8-K summary
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Issuer:     ALIGN TECHNOLOGY INC (ALGN)
CIK:        0001097149
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001097149-23-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Align Technology Q2 beats: rev $1.002B (+3.4% YoY), EPS $2.22, teen cases +10%
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- Q2 total revenues $1.002B, up 6.3% sequentially and 3.4% YoY; GAAP EPS $1.46, non-GAAP EPS $2.22.
- Clear Aligner teen volumes grew 7% sequentially and 10% YoY to 194.5K cases.
- Q2 operating margin 17.2% GAAP (21.3% non-GAAP); FY 2023 margin guidance raised ~1 point.
- Q3 revenue guidance $990M-$1,010M (+12% YoY midpoint); FY guidance $3.97B-$3.99B.
- Completed $75M equity investment in Heartland Dental; $1B stock repurchase authorization remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097149/000109714923000054/0001097149-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097149/000109714923000054/algn-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001097149-23-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer