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Align Technology Inc. Message Board

  • palosparkflash palosparkflash Oct 18, 2013 10:32 AM Flag

    Revenue beat less than 4%...

    This is a classic short covering rally. Their revenue growth is modest, especially when compared to estimates.

    - This qtr revenue is 164 vs 159 est
    - Next qtr revenue should be 171 vs 164 est

    They did a solid job of controlling costs, which is why the nice earnings beat. But with modest growth, the current PPS would have you believe that invisible braces were made of gold.

    Sentiment: Sell

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