ALIGN TECHNOLOGY INC
Updated: Apr 20
Align Technology Inc. is a global medical technology company that is focused on transforming the orthodontic and dental industry with its innovative products. The company was founded in 1997 and is headquartered in San Jose, California.
Align Technology's primary product is Invisalign, a clear, removable teeth aligner that provides an alternative to traditional braces. Invisalign has become an increasingly popular treatment option for both adults and teenagers, as it offers a discreet and convenient solution for straightening teeth. Align Technology also offers other products and services for orthodontic and dental professionals, including digital scanning systems and software.
One of the key strengths of Align Technology is their focus on innovation. The company invests heavily in research and development, with a focus on developing new and improved products and services that can meet the evolving needs of their customers. This approach has allowed Align Technology to stay at the forefront of the rapidly-evolving orthodontic and dental industry.
In addition to their focus on innovation, Align Technology also places a strong emphasis on customer service. The company is committed to providing high-quality products and exceptional customer support, with a focus on building long-term relationships with their customers.
Financially, Align Technology has a strong track record of growth and profitability. The company reported revenue of $2.5 billion in 2020, representing an increase of 20% over the previous year. Net income for the same period was $548 million, compared to $403 million in the previous year.
Align Technology's stock is publicly traded on the NASDAQ stock exchange under the ticker symbol ALGN. The company has a market capitalization of approximately $68 billion as of September 2021.
Align Technology Inc. is a global medical technology company that is focused on transforming the orthodontic and dental industry with its innovative products. The company's focus on innovation, customer service, and strong financial performance make them an attractive partner for orthodontic and dental professionals seeking high-quality solutions for their patients. With their extensive experience and investment in R&D, Align Technology is well-positioned to continue to develop innovative solutions that can meet the evolving needs of their customers and contribute to a healthier and more confident smile for people around the world.
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