Invisalign maker Align Technology cuts annual revenue forecast on weak demand

(Correct on Wednesday to the day at paragraph 1)

30 July (Reuters) – Dental alignment manufacturer alignment technology reduced the annual income increase estimation estimation, as macroeconomic uncertainties focused on demand for dental products, and sent the company’s shares about 30% lower in expanded transaction.

The company, which makes Invisalign dental alignments and other dental products, is now expected to increase the 2025 revenue increase slightly than 2024, compared to the previous estimate range of 3.5% to 5.5%.

“The last tooth industry research for the second quarter shows less general patient traffic, less orthodontic cases and elective procedures for the second quarter.” He said.

“When we start the third quarter and plan the rest of the year, our appearance predicts the potential economic uncertainty and expenditure that affects the demand for our net alignments and new Itero browser systems in the second quarter.”

The company said it expects to reorganize certain business groups and reduce global labor, but did not give details about business cuts. It also plans to optimize production footprint by increasing automation and regionalizing production in a way that is closer to its customers.

In the second half of 2025, it is waiting to receive a fee of about $ 150 million to $ 170 million.

According to the data compiled by LSEG, alignment technology reported 1.6% compared to last year and $ 1.01 billion in analyst’s estimation of $ 1.01 billion.

Arizona -based Tempe expects its third quarter income to range from 965 million to 985 million dollars, which is below the estimates of analysts by analysts’ estimates of $ 1.04 billion.

On a corrected basis, the company won $ 2.49 per share for the quarter ending on March 31, and estimate $ 2.57 per share. (Reporting by Bageshri Bannerjee in Bengaluru; editing by Leroy Leo)