Risks for ALIGN TECHNOLOGY INC (ALGN)

Here are some interesting risks from the recent filings of ALIGN TECHNOLOGY INC. Our algorithms work hard to highlight risks unique to this company.

We depend on the sale of the Invisalign System for the vast majority of our net revenues, and any decline in sales of Invisalign treatment for any reason, or a decline in average selling prices would adversely affect net revenues, gross margin and net income.

Competition in the markets for our products is intense and we expect aggressive competition from existing competitors and other companies that may introduce new technologies in the future.

We are dependent on our international operations, which exposes us to foreign operational, political and other risks that may harm our business.

We earn an increasingly larger portion of our total revenues from international sales and face risks attendant to those operations.

We face risks related to our international sales, including the need to obtain necessary foreign regulatory clearance or approvals.