earnings
confidence high
sentiment positive
materiality 0.85
Align Technology reports record Q4 revenue $1.03B, FY2021 revenue up 59.9% to $4.0B
ALIGN TECHNOLOGY INC
2021-FY EPS reported
$9.69
revenue$3,952,584,000
- Q4 GAAP EPS $2.40, non-GAAP $2.83; FY21 GAAP EPS $9.69 (down 56.5% YoY on prior year one-time gain), non-GAAP EPS $11.22 up 114.8%.
- Clear Aligner revenues FY21 $3.2B (+54.5%); Imaging Systems & CAD/CAM $705.5M (+90.4%).
- Q4 Invisalign case shipments 631,145, up 11.1% YoY, down 3.7% sequentially.
- FY2022 guidance: net revenue growth 20-30%; GAAP operating margin ~24.0%.
- Cash $1.3B; $300M revolver; $725M remaining under $1.0B share repurchase program.