Momentum Shift: Earnings Beat Propel Align Technology and Celestica
- July 26th, 2023
- 306 views
Align Technology, Inc. (Nasdaq: ALGN) reported strong second-quarter 2023 earnings per share (EPS) of $2.22 and revenues of $1.0 billion, surpassing the consensus estimate of $2.03 EPS on revenues of $991.4 million.
Looking ahead, the company projects revenue to be in the range of $990 million to $1.01 billion for Q3 2023, while analysts expect revenue of $990.3 million for the period.
In the after-hours trading, $ALGN surged by $42.35 (+12.46%) to $382.20
On the other hand, Celestica Inc. (NYSE: CLS) posted Q2 2023 adjusted EPS of $0.55 and revenue of $1.94 billion, exceeding the consensus estimate of $0.47 on revenues of $1.82 billion.
The company expects adjusted EPS for Q3 2023 to be in the range of $0.56 to $0.62, compared to the consensus estimate of $0.51.
$CLS rose by $2.54 (+15.43%) to $19.00 in the extended session
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
A Preview: Oracle, Franco-Nevada, and Asana Earnings Due
March 09th, 2025NVIDIA, Salesforce, and Agilent Technologies Earnings Loom: What to Expect
February 23rd, 2025Key Reports Ahead: KBR, Hims & Hers Health, and Cleveland-Cliffs Earnings Preview
February 23rd, 2025Earnings On Deck: What to Expect from Copart, Cheniere Energy, and Insulet
February 16th, 2025
Member Login