{"schema_version":"secwatch.filing_event.v1","accession":"0001097149-24-000026","form_type":"8-K","ticker":"ALGN","cik":"0001097149","company_name":"ALIGN TECHNOLOGY INC","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.273580+00:00","generated_at":"2026-06-03T09:18:35.082977+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Align Q1 revenue up 5.8% YoY to $997.4M; raises FY24 revenue outlook; invests $75M in Heartland","bullets":["Q1 GAAP EPS $1.39, non-GAAP $2.14; revenue $997.4M beat prior expectations.","Clear Aligner revenue $817.3M (+3.5% YoY) on 605K cases; Systems & Services $180.2M (+17.5%).","FY24 revenue outlook raised to +6-8% YoY (from mid-single digit); Q2 guide $1,030-1,050M.","Acquired <5% equity in Heartland Dental for $75M under existing stockholder agreements.","$650M remaining in share repurchase program; Q2 buyback up to $150M expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001097149-24-000026","json":"https://secwatch.observer/filing/0001097149-24-000026.json","markdown":"https://secwatch.observer/filing/0001097149-24-000026.md","text":"https://secwatch.observer/filing/0001097149-24-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097149/000109714924000026/0001097149-24-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097149/000109714924000026/algn-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:18:35.082977+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9072f4936fb1d2cf4cf579f9097a89a28b3b8c66","claim":"ALIGN TECHNOLOGY INC reported first quarter ended March 31, 2024 results: revenue $997.4 million, net income $105.0 million, EPS $1.39.","evidence_excerpt":"revenues up 5.8% year-over-year including revenue growth of 3.5% from Clear Aligners and growth of 17.5% from Imaging Systems and CAD/CAM Services • Q1'24 total revenues of $997.4 million, increased 5.8% year-over-year, and diluted net income per share of $1.39, non-GAAP diluted net income per share of $2.14 • Q1'24 revenues were favorably impacted by foreign","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097149/000109714924000026/0001097149-24-000026-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$997.4 million"},{"label":"Net income","value":"$105.0 million"},{"label":"EPS","value":"$1.39"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5a417c1c2632e2d8d4b845316d78cfb58c2bc757","claim":"ALIGN TECHNOLOGY INC entered into Subscription Agreement with Heartland Dental Holding Corporation valued at $75 million (effective 2024-04-22).","evidence_excerpt":"On April 22, 2024, Align Technology, Inc. (“Align”) and Heartland Dental Holding Corporation (“Heartland”) entered into a Subscription Agreement (the “Subscription Agreement”), which provides, among other things, for Align to acquire less than a 5% equity interest in Heartland through the purchase of Class A Common Stock for $75 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097149/000109714924000026/0001097149-24-000026-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Heartland Dental Holding Corporation"},{"label":"Value","value":"$75 million"},{"label":"Effective","value":"2024-04-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}