BUZZ - Align Technology shares fall as annual revenue forecast misses expectations

October 28 - ** Align Technology (ALGN.O) shares fell 1.4% in after-hours trading to $151.45

** According to data compiled by London Stock Exchange Group (LSEG), the dental aligner manufacturer expects 2026 revenue to be between $4.11 billion and $4.13 billion, while analysts had expected $4.15 billion

** Fourth-quarter revenue is expected to be between $1 billion and $1.02 billion, compared with analysts’ estimate of $1.048 billion

** ALGN reported adjusted third-quarter earnings per share of $2.80, while analysts had expected $2.78

** The report shows third-quarter revenue of $1.015 billion, compared with the market expectation of $1.005 billion

** The company appointed former Procter & Gamble global health care business CEO Jennifer Davis as its next President and Chief Executive Officer, effective December 31

** Davis will succeed Joseph Hogan, who has led the company since 2015

** As of the last close, the stock is down 1.6% year-to-date

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