-=Align Tech (ALGN) reported earnings on Thur 26 Oct 2017 (a/h)

Align Tech beats by $0.20, beats on revs; guides Q4 EPS above consensus, revs above consensus

• Reports Q3 (Sep) earnings of $1.01 per share, $0.20 better than the Capital IQ Consensus of $0.81; revenues rose 38.3% year/year to $385.3 mln vs the $359.8 mln Capital IQ Consensus.
  • Co issues upside guidance for Q4, sees EPS of $0.92-0.95 vs. $0.90 Capital IQ Consensus Estimate; sees Q4 revs of $391-398 mln vs. $368.22 mln Capital IQ Consensus Estimate
  • Invisalign case shipments in the range of 245 thousand to 250 thousand, up approximately 29% to 32% over the same period a year ago.