Momentum Shift: Earnings Beat Propel Align Technology and Celestica
- July 26th, 2023
- 482 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
-
Key Earnings Ahead for Netflix, Fastenal, and U.S. Bancorp
January 18th, 2026Louisville Thunder Appoints Veteran Coach Mike Reed to Lead Program
January 15th, 2026FDA Approves First Treatment for Children With Menkes Disease
January 13th, 2026January 13th, 2026Wall Street Eyes Bank of America, Wells Fargo, Citi Ahead of Earnings
January 11th, 2026
Member Login