Align Technology Q3 revenue $890.3M, down 12.4% YoY; EPS $0.93 vs $2.28

ALIGN TECHNOLOGY INC

2022-Q3 EPS reported $4.07 revenue$2,833,120,000

Q3 total revenues $890.3M, down 12.4% YoY; Clear Aligner revenue $732.8M (down 12.5% YoY), volume 577.2K cases (down 11.9% YoY).
GAAP diluted EPS $0.93 (vs $2.28 Q3'21); non-GAAP diluted EPS $1.36 (vs $2.87). Operating margin 16.1%.
Foreign exchange unfavorably impacted revenues by ~$57.4M YoY and ~$25.1M sequentially.
Launched multiple new products including ClinCheck Live Update, Invisalign Virtual Care AI; opened EMEA manufacturing facility in Poland.
Cash and investments $1.1B; plans to repurchase up to $200M of stock in Q4'22.

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