Align Q2 revenue $1.03B up 2.6% YoY; EPS $1.28 GAAP, $2.41 non-GAAP; Q3 revenue guidance $980M-$1,000M

ALIGN TECHNOLOGY INC

2024-Q2 EPS reported $2.68 revenue$2,025,921,000

Q2'24 total revenues $1,028.5M (+3.1% QoQ, +2.6% YoY); Clear Aligner volume 642,725 cases (+6.2% QoQ).
GAAP net income $96.6M ($1.28 diluted EPS); non-GAAP net income $181.0M ($2.41 diluted EPS).
Q3'24 revenue guidance $980M-$1,000M, with sequential declines in volume and ASP due to seasonality and FX.
Agreed in principle to settle Misty Snow Antitrust Class Action for $31.1M; $75M equity investment in Heartland Dental.
Completed $150M stock buyback (0.6M shares at avg $250.73); $500M remaining under repurchase program.

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