Align Technology (ALGN) Tops Q3 EPS by 5c, Q4 Guidance Misses Views

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Align Technology Announces Third Quarter 2018 Financial Results

October 24, 2018 4:08 PM EDT

Q3 revenues up 31.2% year-over-year to a record $505.3 million, and diluted EPS of $1.24Q3 operating income up 26.8% year-over-year to $125.2 million, operating margin of 24.8%Q3 total Invisalign case shipments up 35.3% year-over-year to 319.3 thousandQ3 Invisalign cases for teenage patients up 41.1% year-over-year to 98.5 thousandQ3 iTero scanner and services revenues up 79.1% year-over-year to $78.2 million            

SAN JOSE, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Align Technology, Inc. (Nasdaq: ALGN) today reported financial results for the third quarter ended September 30, 2018. Invisalign case shipments in the third quarter of 2018 (Q318) were 319.3 thousand, up 35.3% year-over-year. Americas and International region case... More