Align Technology (NASDAQ: ALGN) has achieved tremendous success getting millions of individuals' teeth in alignment. But it's a different story when it comes to the company's ability to get in alignment with Wall Street's expectations.
On Wednesday, Align reported its second-quarter results. Analysts were looking for Q2 revenue of $984.2 million and adjusted earnings of $2.23 per share. The company missed on both counts, delivering revenue of $969.6 million and adjusted earnings of $2 per share.
Align already ranked among the five worst-performing stocks in the S&P 500 so far in 2022 , and the company's disappointing Q2 results won't help matters. What's going on with the orthodontic-device leader? Here are Align's two biggest headwinds right now.
For further details see:
These 2 Huge Headwinds Are Whomping Align Technology Stock