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

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

Align Technology Announces Third Quarter 2020 Financial Results

October 21, 2020 4:08 PM EDT

Achieves 9 Millionth Invisalign Patient Milestone

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 28.7% year-over-year to 496.1 thousand casesQ3 Clear Aligner gross margin of 74.7%, up 10.2 points sequentially and up 1.2 points year-over-yearQ3 Clear Aligner cases for teenage patients were up 25.6% year-over-year to 162.7 thousand casesQ3 Imaging Systems and CAD/CAM Services revenues were up 24.5% year-over-year to $113.4 million... More