Align Technology (ALGN) Reports Q4 EPS of 13c, Offers Guidance
Align Technology (NASDAQ: ALGN) reported Q4 EPS of $0.13, may not compare to the analyst estimate of $0.96. Revenue for the quarter came in at $421.3 million versus the consensus estimate of $396.17 million.
- Includes $86.6 million tax expense, or $1.06 per diluted share negative impact due to the new U.S. Tax Cut and Jobs Act
2018 Business Outlook
For the first quarter of 2018 (Q1'18), Align provides the following guidance:
- Net revenues in the range of $400 million to $410 million, up approximately 29% to 32% over the same period a year ago.
- Invisalign case shipments in the range of 264 thousand to 269 thousand, up approximately 27% to 29% over the same period a year ago.
- Operating margin in the range of 18.5% to 19.5%
- Diluted EPS in the range of $0.94 to $0.98.
(Street sees Q1 EPS of 88c on revenue of $395.47 million)
For earnings history and earnings-related data on Align Technology (ALGN) click here.
