https://www.marketscreener.com/...er-2019-Financial-Results-29443008/Q3 revenues up 20.2% year-over-year to a record $607.3 million
Q3 Invisalign volume up 20.7% year-over-year to 385.4 thousand cases
Q3 scanner and services revenues up 16.5% year-over-year to $91.1 million
Q3 Invisalign cases for teens and kids were up 31.5% year-over-year to 129.6 thousand cases
Q3 net profit of $102.5 million and $1.28 diluted EPS
https://www.marketscreener.com/...logy-3Q-Earnings-Snapshot-29443114/Align Technology: 3Q Earnings Snapshot
10/23/2019 | 04:10pm EDT
SAN JOSE, Calif. (AP) _ Align Technology Inc. (ALGN) on Wednesday reported third-quarter profit of $102.5 million.
The San Jose, California-based company said it had net income of $1.28 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The maker of the Invisalign tooth-straightening system posted revenue of $607.3 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $592.5 million.
For the current quarter ending in December, Align Technology said it expects revenue in the range of $640 million to $650 million.
Align Technology shares have risen almost 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $217.15, a fall of 30% in the last 12 months.
This story was generated by Automated Insights (
http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALGN at
https://www.zacks.com/ap/ALGNAutomated Insights, source Associated Press News