BUZZ-Align Technology falls after downbeat Q1 revenue

Reuters
02-06
BUZZ-Align Technology falls after downbeat Q1 revenue

** Shares of dental products manufacturer Align Technology ALGN.O fall 4.30% to $207.06 premarket

** Co expects Q1 revenue to be between $965 million and $985 million, below estimates of $1.03 billion - LSEG data

** ALGN, which manufactures some of its teeth aligners in Mexico and ships them to U.S., said tariff situation "remains very fluid" and that it was monitoring events closely

** Says it is still more economical to ship clear aligners to U.S. from Mexico due to variety of factors, including incremental additional freight costs incurred if co ships from its Polish facility

** ALGN can likely pass on some pricing pressure to customers, brokerage Leerink Partners says

** Up to last close, stock has fallen ~21% in last 12 months

(Reporting by Sriparna Roy)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10