Align Technology Inc. (ALGN) reported third quarter non-GAAP EPS of $0.27 after the close Thursday, up from $0.25 in the prior year period. The consensus estimate was for EPS of $0.19. Fourth quarter non-GAAP EPS is expected to be between $0.20 and $0.22. The consensus estimate is for EPS of $0.19. The company also announced that its Board of Directors authorized a stock repurchase program of up to $150 million.
Align Technology gapped open sharply higher Friday and rose until the middle of the morning. The stock finished up by 5.84 at $23.65 on the highest volume of the year. Align Technology climbed to a 3-month high and re-crossed its 200-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.