ALGN - Align Technology Q4 Earnings: Revenue Beat EPS Beat Strong Guidance And More | Benzinga
Align Technology Inc (NASDAQ:ALGN) reported fourth-quarter financial results Wednesday after the bell. Here’s a look at the key metrics from the quarter.
What Happened: Align’s fourth-quarter revenue increased 6.1% year-over-year to $956.7 million, which beat the consensus estimate of $933.67 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of $2.42 per share, which beat analyst estimates of $2.18 per share.
The company’s better-than-expected results were primarily driven by a sequential increase in clear aligner volume for adults and non-comprehensive cases, growth in Canada and the EMEA region, and increased revenues from systems and services.
Align, which ...