Align Technology Announces First Quarter 2020 Financial Results
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Align Technology (ALGN) Misses Q1 EPS by 27c, Revenues Miss
April 29, 2020 4:02 PM EDTAlign Technology (NASDAQ: ALGN) reported Q1 EPS of $0.73, $0.27 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $551 million versus the consensus estimate of $580.3 million.
Q1 total revenues of $551.0 million, compared to $549.0 million in Q119Q1 GAAP earnings per diluted share (EPS) of $19.21, Q1 non-GAAP EPS of $0.73Q1 Invisalign volume of 359.4 thousand cases, compared to 349.2 thousand cases in Q119Q1 Invisalign cases for teenage patients of 104.0 thousand cases, 29% of total volume, compared to 97.4 thousand cases, up 1 point vs. Q119Q1 scanner and... More