Align Technology Q2 beats: rev $1.002B (+3.4% YoY), EPS $2.22, teen cases +10%

ALIGN TECHNOLOGY INC

2023-Q2 EPS reported $2.60 revenue$1,945,320,000

Q2 total revenues $1.002B, up 6.3% sequentially and 3.4% YoY; GAAP EPS $1.46, non-GAAP EPS $2.22.
Clear Aligner teen volumes grew 7% sequentially and 10% YoY to 194.5K cases.
Q2 operating margin 17.2% GAAP (21.3% non-GAAP); FY 2023 margin guidance raised ~1 point.
Q3 revenue guidance $990M-$1,010M (+12% YoY midpoint); FY guidance $3.97B-$3.99B.
Completed $75M equity investment in Heartland Dental; $1B stock repurchase authorization remains.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALIGN TECHNOLOGY INC reported full year 2023 results: revenue we anticipate our 2023 WW Revenues to be in the range of $3.970B to $3.990B. Guidance raised.

Period: full year 2023
Revenue: we anticipate our 2023 WW Revenues to be in the range of $3.970B to $3.990B
Guidance: raised
Result: guidance update

Exact text from the filing

For full year 2023, assuming no circumstances occur that are beyond our control, we anticipate our 2023 WW Revenues to be in the range of $3.970B to $3.990B.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

ALIGN TECHNOLOGY INC reported second quarter ended June 30, 2023 results: revenue Q2'23 total revenues of $1.0 billion, increased 6.3% sequentially and 3.4% year-over-year, net income Q2'23 net income was $111.8 million, or $1.46 per diluted share, EPS $1.46.

Period: second quarter ended June 30, 2023
Revenue: Q2'23 total revenues of $1.0 billion, increased 6.3% sequentially and 3.4% year-over-year
Net income: Q2'23 net income was $111.8 million, or $1.46 per diluted share
EPS: $1.46
Result: reported results

Exact text from the filing

ALIGN TECHNOLOGY ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS Better than expected revenues and operating margins reflect improving trends across regions Q2’23 Clear Aligner cases for teenagers increased 7% sequentially and 10% year over year, driven by momentum in both Submitters and Utilization and continued growth from Invisalign

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALIGN TECHNOLOGY INC reported third quarter of 2023 results: revenue For Q3'23, we anticipate our WW Revenue to be in the range of $990M to $1,010M. Guidance raised.

Period: third quarter of 2023
Revenue: For Q3'23, we anticipate our WW Revenue to be in the range of $990M to $1,010M
Guidance: raised
Result: guidance update

Exact text from the filing

For Q3'23, we anticipate our WW Revenue to be in the range of $990M to $1,010M, up approximately 12% year-over-year at the midpoint.

View on SEC.gov

Browse all earnings releases →

ALIGN TECHNOLOGY INC filing history →

Source: SEC EDGAR

accession 0001097149-23-000054

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.