Align Technology (ALGN) Tops Q3 EPS by 9c, Issues Mixed Guidance for Q4 and FY
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Align Technology (Nasdaq: ALGN) reports Q3 non-GAAP EPS of $0.11, 9 cents better than the analyst estimate of $0.02. Revenue for the quarter was $75.2 million, versus the consensus of $73.85 million.
For the fourth quarter of fiscal 2008 (Q4 08), Align Technology expects net revenues to be in a range of $72.5 million to $76.5 million. Non-GAAP earnings per diluted share for Q4 08 is expected to be in a range of $0.06 to $0.09. (Consensus is $77.24 million and EPS consensus is $0.09)
For fiscal 2008, Align Technology expects net revenues to be in a range of $302.5 million to $306.5 million. Non-GAAP earnings per diluted share for fiscal 2008 is expected to be in a range of $0.31 to $0.33. (Consensus is $306.23 million and $0.24)
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