Align Technology (ALGN) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q EPS Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Above Consensus

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Align Technology Announces First Quarter 2019 Financial Results

April 24, 2019 4:00 PM EDT

Q1 revenues up 25.6% year-over-year to a record $549.0 millionQ1 Invisalign volume up 28.3% year-over-year to 349.2 thousand casesQ1 scanner and services revenues up 55.1% year-over-year to $79.8 millionQ1 Invisalign cases for teenage patients up 41.1% year-over-year to 97.4 thousandQ1 operating income of $87.7 million included impairments and other charges of $29.8 million related to the U.S. Invisalign Store closuresQ1 net profit of $71.8 million and $0.89 diluted EPS

SAN JOSE, Calif., April 24, 2019 (GLOBE NEWSWIRE) -- Align Technology, Inc. (Nasdaq: ALGN) today reported financial results for the first quarter ended March 31, 2019. Q119 Invisalign volume... More