Align Technology Announces Third Quarter 2020 Financial Results

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SmileDirectClub (SDC) Trades Higher in Sympathy with Align Technology (ALGN) Following Huge Beat

October 21, 2020 4:15 PM EDT

SmileDirectClub (NASDAQ: SDC) Trades Higher in Sympathy with Align Technology (NASDAQ: ALGN) Following Huge Beat

Align Up 16%SmileDirectClub up 7.8%... More

Align Technology (ALGN) Tops Q3 EPS by $1.71, Revenues Beat

October 21, 2020 4:14 PM EDT

Align Technology (NASDAQ: ALGN) reported Q3 EPS of $2.25, $1.71 better than the analyst estimate of $0.54. Revenue for the quarter came in at $734.1 million versus the consensus estimate of $514.4 million.

Q3 total revenues up 20.9% year-over-year to a record $734.1 millionQ3 GAAP diluted net income per share of $1.76, Q3 non-GAAP diluted net income per share of $2.25Q3 operating margin of 24.1%, up 44.8 points sequentially and up 3.2 points year-over-yearQ3 Clear Aligner volume up... More