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.

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