NASDAQ$ALGN
Align Technology Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a decrease in revenue and a net loss due to the impact of the COVID-19 pandemic.
Align Technology reported a significant decrease in revenue and a net loss for Q2 2020 due to the impact of the COVID-19 pandemic. Total revenues were $352.3 million, a 41.3% decrease year-over-year. The company saw declines in both Clear Aligner and Imaging Systems and CAD/CAM Services revenues.
- Total revenues decreased by 41.3% year-over-year to $352.3 million.
- Clear Aligner revenues decreased by 39.9% year-over-year to $298.3 million.
- Imaging Systems and CAD/CAM Services revenues decreased by 48.1% year-over-year to $54.0 million.
- GAAP net loss was $40.6 million, or $(0.52) per diluted share.
Headline financials
Revenue & EPS history
Align · Revenue · Quarterly
$352M
Revenue by segment
Align · $54M total across 1 segment · Q2 2020
- Imaging Systems and CAD/CAM Services$54M—100.0%
Forward guidance
Due to the uncertain scope and duration of the pandemic, and uncertain timing of the global recovery and economic normalization, we cannot at this time reasonably estimate the future impact on our operations and financial results. Accordingly, we are not providing guidance for the third quarter of fiscal year 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+2.5%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+2.3%
Avg return
30 days after
66%
45 / 68 earnings
Positive
+35.5%
Q3 2020
Best reaction
-28.2%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.5% | -5.4% | -2.0% | |
| Q4 2025 | +8.9% | +21.7% | +7.9% | |
| Q3 2025 | +5.0% | +2.9% | +11.6% | |
| Q1 2025 | +2.0% | -0.1% | +4.4% | |
| Q4 2024 | +0.9% | -2.7% | -19.7% | |
| Q3 2024 | +2.7% | +2.4% | +7.2% | |
| Q2 2024 | -9.8% | -10.6% | -6.7% | |
| Q1 2024 | -0.4% | -2.3% | -18.0% | |
| Q4 2023 | +3.3% | +4.1% | +13.3% | |
| Q3 2023 | -28.2% | -29.7% | -17.3% | |
| Q2 2023 | +16.0% | +13.8% | +7.3% | |
| Q1 2023 | -9.6% | -9.7% | -18.8% | |
| Q4 2022 | +33.4% | +27.0% | +24.0% | |
| Q3 2022 | -16.7% | -10.9% | -10.7% | |
| Q2 2022 | +12.1% | +12.3% | +0.2% | |
| Q1 2022 | -15.7% | -14.5% | -21.2% | |
| Q4 2021 | -1.0% | -1.6% | -8.7% | |
| Q3 2021 | +6.5% | +11.5% | +6.9% | |
| Q2 2021 | +8.2% | +11.9% | +12.2% | |
| Q1 2021 | -2.8% | -3.5% | -5.1% | |
| Q4 2020 | +10.3% | +8.0% | -3.8% | |
| Q3 2020 | +35.5% | +35.8% | +33.4% | |
| Q2 2020 | -5.2% | -2.1% | -6.7% | |
| Q1 2020 | +5.6% | +3.3% | +20.7% | |
| Q4 2019 | -1.8% | -5.5% | -18.5% | |
| Q3 2019 | +16.8% | +17.2% | +28.5% | |
| Q2 2019 | -26.4% | -28.2% | -35.9% | |
| Q1 2019 | +0.2% | +7.2% | +5.2% | |
| Q4 2018 | +5.1% | +10.2% | +16.9% | |
| Q3 2018 | -25.5% | -30.1% | -29.8% | |
| Q2 2018 | -2.6% | -6.4% | -1.3% | |
| Q1 2018 | +8.4% | +4.3% | +32.9% | |
| Q4 2017 | -5.3% | -7.0% | -11.3% | |
| Q3 2017 | +16.9% | +18.5% | +26.3% | |
| Q2 2017 | +9.1% | +6.8% | +8.7% | |
| Q1 2017 | +12.4% | +12.0% | +18.7% | |
| Q4 2016 | +8.1% | +6.5% | +15.7% | |
| Q3 2016 | +3.6% | +6.8% | +14.5% | |
| Q2 2016 | +4.7% | +6.1% | +8.8% | |
| Q1 2016 | -3.5% | — | — | |
| Q4 2015 | +7.7% | — | — | |
| Q3 2015 | +10.4% | — | — | |
| Q2 2015 | -7.4% | — | — | |
| Q1 2015 | +5.8% | — | — | |
| Q4 2014 | -9.4% | — | — | |
| Q3 2014 | +7.3% | — | — | |
| Q2 2014 | +6.1% | — | — | |
| Q1 2014 | -2.4% | — | — | |
| Q4 2013 | +2.9% | — | — | |
| Q3 2013 | +32.6% | — | — | |
| Q2 2013 | +10.4% | — | — | |
| Q1 2013 | +2.3% | — | — | |
| Q4 2012 | +9.0% | — | — | |
| Q3 2012 | -26.4% | — | — | |
| Q2 2012 | +10.8% | — | — | |
| Q1 2012 | +13.7% | — | — | |
| Q4 2011 | -2.1% | — | — | |
| Q3 2011 | +2.9% | — | — | |
| Q2 2011 | -4.3% | — | — | |
| Q1 2010 | -2.0% | — | — | |
| Q1 2011 | +1.6% | — | — | |
| Q4 2010 | +5.1% | — | — | |
| Q4 2008 | +5.1% | — | — | |
| Q3 2009 | +6.3% | — | — | |
| Q3 2010 | +6.3% | — | — | |
| Q4 2009 | +0.4% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q2 2009 | +0.4% | — | — |
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