Investing.com - Align (NASDAQ:ALGN) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.22 on revenue of $607.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $594.17M. That compared to EPS of $1.24 on revenue of $505.29M in the same period a year earlier. The company had reported EPS of $1.83 on revenue of $600.7M in the previous quarter.
Align shares gained 9.55% to trade at $238.00 in after-hours trade following the report.
Align follows other major Healthcare sector earnings this month
On October 15, J&J reported third quarter EPS of $2.12 on revenue of $20.73B, compared to forecasts of EPS of $2.01 on revenue of $20.08B.
Novartis ADR earnings beat analysts' expectations on Tuesday, with third quarter EPS of $1.41 on revenue of $12.17B. Investing.com analysts expected EPS of $1.33 on revenue of $11.71B
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