Momentum Shift: Earnings Beat Propel Align Technology and Celestica
- July 26th, 2023
- 511 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
-
NJCP Football League Provides Development and Opportunity for Athletes Pursuing the Next Level
March 20th, 2026March 19th, 2026How High School Graduates Can Kickstart Their Football Career
March 18th, 2026
Member Login