secwatch.observer — SEC 8-K summary
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Issuer:     ALIGN TECHNOLOGY INC (ALGN)
CIK:        0001097149
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001097149-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Align Technology reports record Q4 revenue $1.03B, FY2021 revenue up 59.9% to $4.0B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097149/000109714922000004/0001097149-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097149/000109714922000004/algn-20220202.htm
  HTML page:      https://secwatch.observer/filing/0001097149-22-000004

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