Align Technology (ALGN) Tops Q1 EPS by 47c, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus
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Align Technology Announces Record First Quarter 2021 Financial Results
April 28, 2021 4:00 PM EDTQ1 total revenues up 7.2% sequentially and 62.4% year-over-year to a record $894.8 millionQ1 diluted net income per share of $2.51; Q1 non-GAAP diluted net income per share of $2.49Q1 operating income up 222.4% year-over-year to $225.4 million and operating margin of 25.2%Q1 Clear Aligner revenues up 7.5% sequentially and 56.4% year-over-year to a record $753.3 millionQ1 Clear Aligner volume up 4.9% sequentially and 65.8% year-over-year to 595.8 thousand casesQ1 Clear Aligner volume for teenage patients was 165.3 thousand cases, up 58.9% year-over-yearQ1 Imaging Systems and CAD/CAM Services revenues were up 5.8% sequentially and 104.0% year-over-year to a record $141.5 millionCash and cash... More
