Upgrade to SI Premium - Free Trial

Align Technology, Inc. (ALGN) Misses Q4 EPS by 1c; Guides Q2 Below the Street

January 29, 2015 4:02 PM

Align Technology, Inc. (NASDAQ: ALGN) reported Q4 EPS of $0.48, $0.01 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $198.6 million versus the consensus estimate of $198.1 million.

Align Technology, Inc. sees Q1 2015 EPS of $0.29-$0.32, versus the consensus of $0.45. Align Technology, Inc. sees Q1 2015 revenue of $187.3-192.4 million, versus the consensus of $200.97 million.

We are pleased to have delivered a good quarter and finish to the year for Align, driven by continued strong growth in the EMEA and Asia Pacific regions along with solid results in North America," said Thomas M. Prescott, Align president and CEO. "Total International Invisalign volume for the fourth quarter was over 30% of our business for the first time ever, reflecting an increase of 29.2% year-over-year. Our strong performance internationally was driven by a combination of increased utilization by orthodontists in all countries, as well as a continued effort to add new Invisalign-trained doctors."

For earnings history and earnings-related data on Align Technology, Inc. (ALGN) click here.

Categories

Earnings Guidance Hot Guidance Management Comments

Next Articles