Align Technology (ALGN) Tops Q3 EPS by 11c; Issues Solid Outlook
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Align Technology Announces Third Quarter 2016 Results
November 7, 2016 4:00 PM ESTSAN JOSE, CA -- (Marketwired) -- 11/07/16 --
Q3 revenues up 34.2% year-over-year to $278.6 millionQ3 results driven by Clear Aligner revenues up 22.9% year-over-year and Scanner revenues up 273.7% year-over-year.Q3 Clear Aligner shipments up 20.5% year-over-year to 177.8 thousand cases, international shipments up 33.8% year-over-yearDiluted EPS $0.63, up $0.29 year-over-yearAlign Technology, Inc. (NASDAQ: ALGN) today reported financial results for the third quarter ended September 30, 2016. Clear Aligner case shipments in the third quarter of 2016 (Q3'16) were 177.8 thousand, a 20.5% increase year-over-year. For Q3'16, revenues were $278.6 million, a 34.2% increase... More
