-=Align Tech (ALGN) reported earnings on Wed 23 Oct 19 (a/h)

Align Tech beats by $0.14, beats on revs; guides Q4 EPS above consensus, revs above consensus

Reports Q3 (Sep) earnings of $1.28 per share, $0.14 better than the S&P Capital IQ Consensus of $1.14; revenues rose 20.2% year/year to $607.3 mln vs the $595.29 mln S&P Capital IQ Consensus.

Q3 Invisalign volume up 20.7% yr/yr to 385.4k cases.

Worldwide ASP of $1,260 vs. $1,230 yr ago.

Co issues upside guidance for Q4, sees EPS of $1.35-$1.42 vs. $1.35 S&P Capital IQ Consensus; sees Q4 revs of $640-$650 mln vs. $640.31 mln S&P Capital IQ Consensus. Expects Invisalign case shipments in the range of 400-407K, up approximately 20-22% over the same period a year ago.