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Align Technology Inc (ALGN.OQ)

ALGN.OQ on NASDAQ Stock Exchange Global Select Market

322.61USD
17 May 2019
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Latest Key Developments (Source: Significant Developments)

Arbitration Decision With SDC Entities Requires Align To Close Invisalign Stores
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Align Technology Inc ::ARBITRATION DECISION WITH SDC ENTITIES REQUIRES ALIGN TO CLOSE INVISALIGN STORES.ALIGN TECHNOLOGY INC - EXPECTS TO INCUR A MATERIAL CHARGE IN Q1.ALIGN TECHNOLOGY INC - EXPECTS MINIMAL IMPACT ON ALIGN REVENUES.ALIGN TECHNOLOGY - ANNOUNCED OUTCOME OF ARBITRATION OF CLAIMS ASSERTED AGAINST CO BY SDC FINANCIAL LLC, SMILEDIRECTCLUB LLC, AND MEMBERS OTHER THAN CO.ALIGN TECHNOLOGY - BY APRIL 3, 2019, CO TO CLOSE ITS INVISALIGN STORES.ALIGN TECHNOLOGY INC - DECISION DOES NOT IMPACT ALIGN'S EXISTING SUPPLY AGREEMENT WITH SDC WHICH REMAINS IN PLACE THROUGH 2019.ALIGN TECHNOLOGY INC - IS CURRENTLY EVALUATING FINANCIAL IMPACTS OF CLOSING ITS INVISALIGN STORES AND DIVESTITURE OF ITS EQUITY INVESTMENT IN SDC.  Full Article

3D Systems Corp - Align Technology Increased Investment In 3D Systems
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Align Technology Inc ::3D SYSTEMS CORP - ALIGN TECHNOLOGY HAS INCREASED ITS INVESTMENT IN 3D SYSTEMS.  Full Article

Align Technology Board Authorizes $600 Mln Stock Repurchase Program
Wednesday, 23 May 2018 

May 23 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY INC - ALIGN REAFFIRMED ITS FINANCIAL GUIDANCE FOR Q2 AND FULL FISCAL YEAR 2018.ALIGN TECHNOLOGY INC - UPDATED ITS LONG-TERM FINANCIAL MODEL REVENUE GROWTH RATE TARGET FROM A RANGE OF 15-25% TO A RANGE OF 20-30%.ALIGN TECHNOLOGY INC - BOARD OF DIRECTORS HAS AUTHORIZED A STOCK REPURCHASE PROGRAM.ALIGN TECHNOLOGY INC - UNDER PROGRAM, ALIGN TECHNOLOGY MAY PURCHASE UP TO $600 MILLION OF ITS COMMON STOCK OVER NEXT THREE YEARS.ALIGN TECHNOLOGY INC - LATEST AUTHORIZATION IS IN ADDITION TO EXISTING $300 MILLION AUTHORIZATION ANNOUNCED IN APRIL 2016.  Full Article

Align Technology Announces China FDA Approval For The Itero Element Intraoral Scanner
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ANNOUNCES CHINA FOOD AND DRUG ADMINISTRATION APPROVAL FOR THE ITERO ELEMENT INTRAORAL SCANNER.  Full Article

Align Technology Rejects SmileDirectClub Claim That Invisalign Store Pilot Constitutes Breach Of Non-Compete And Confidentiality Provisions
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY REJECTS SMILEDIRECTCLUB CLAIM THAT INVISALIGN STORE PILOT CONSTITUTES BREACH OF NON-COMPETE AND CONFIDENTIALITY PROVISIONS.ALIGN TECHNOLOGY - CURRENTLY EVALUATING POTENTIAL IMPACT THAT CLAIM COULD HAVE ON CONSOLIDATED FINANCIAL STATEMENTS.ALIGN TECHNOLOGY - CO DOES NOT ANTICIPATE CLAIM TO IMPACT EXPECTED VOLUMES AND REVENUE FROM SMILEDIRECTCLUB FOR 2018​.ALIGN TECHNOLOGY INC - WILL CONTINUE TO OPERATE INVISALIGN STORE PILOT PROGRAM.  Full Article

Align Enters Into Credit Agreement With Wells Fargo
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY INC - ‍ON FEB 27, CO ENTERED INTO A CREDIT AGREEMENT, BETWEEN COMPANY AND WELLS FARGO BANK, NATIONAL ASSOCIATION - SEC FILING​.ALIGN TECHNOLOGY INC - ‍CREDIT AGREEMENT PROVIDES FOR A $200.0 MILLION SECURED REVOLVING CREDIT FACILITY WITH A $50.0 MILLION LETTER OF CREDIT​.ALIGN TECHNOLOGY INC - ‍COMMITMENTS UNDER CREDIT AGREEMENT EXPIRE ON FEBRUARY 27, 2021​.  Full Article

Align Technology Says On Feb 7, Smiledirectclub Terminated, Repaid In Amounts Outstanding Under, Loan And Security Agreement With Co
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY SAYS ON FEB 7, SMILEDIRECTCLUB TERMINATED, REPAID IN AMOUNTS OUTSTANDING UNDER, LOAN AND SECURITY AGREEMENT WITH CO - SEC FILING.ALIGN TECHNOLOGY - PROVIDED SMILEDIRECTCLUB WITH REVOLVING LINE OF CREDIT OF UP TO $30 MILLION.ALIGN TECHNOLOGY - FOLLOWING TERMINATION, CO CONTINUES TO OWN EQUITY INTERESTS IN SMILEDIRECTCLUB.ALIGN TECHNOLOGY - FOLLOWING TERMINATION, CO CONTINUES TO MANUFACTURE, SUPPLY CERTAIN CLEAR PRODUCTS TO SMILEDIRECTCLUB.  Full Article

Align Technology Advanced Treatment Planning Patent Affirmed By Three-Judge Panel
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ADVANCED TREATMENT PLANNING PATENT AFFIRMED BY THREE-JUDGE PANEL.ALIGN TECHNOLOGY - DECISION FOUND THAT CLEARCORRECT HAD FAILED TO SHOW A REASONABLE LIKELIHOOD THAT ANY OF 42 CLAIMS IN '444 PATENT WERE UNPATENTABLE.  Full Article

Align Technology Says ‍Q4 Revenues Up 43.7 Pct Year-Over-Year​
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Align Technology Inc ::‍Q4 REVENUES UP 43.7% YEAR-OVER-YEAR TO A RECORD $421.3 MILLION​.QTRLY ‍DILUTED EPS OF $0.13​.‍Q4 TOTAL INVISALIGN CASE SHIPMENTS UP 34.2% YEAR-OVER-YEAR TO 255.0 THOUSAND​.ALIGN TECHNOLOGY - QTRLY ‍DILUTED EPS INCLUDES $86.6 MILLION TAX EXPENSE, OR $1.06 PER DILUTED SHARE NEGATIVE IMPACT DUE TO NEW U.S. TAX CUT AND JOBS ACT​.FOR Q1 OF 2018 SEES NET REVENUES IN RANGE OF $400 MILLION TO $410 MILLION.SEES Q1 2018 DILUTED EPS IN RANGE OF $0.94 TO $0.98.Q1 EARNINGS PER SHARE VIEW $0.88, REVENUE VIEW $396.3 MILLION -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $396.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Align Technology ‍announced an agreement with GlideWell Dental to distribute Itero Element​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Align Technology Inc :Align Technology expands distribution for Itero Element(R)and enhances same-day dental restorations with GlideWell Dental.Align Technology Inc - ‍Announced an agreement with GlideWell Dental to distribute Itero Element​.  Full Article

BRIEF-Align Technology, Straumann Group Settle Global Clearcorrect Patent Disputes

* ALIGN TECHNOLOGY AND STRAUMANN GROUP SETTLE GLOBAL CLEARCORRECT PATENT DISPUTES AND SIGN NON-BINDING LETTER OF INTENT FOR STRAUMANN TO DISTRIBUTE ITERO SCANNERS