Align Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 977.87 million compared to USD 960.21 million a year ago. Net income was USD 115.96 million compared to USD 121.43 million a year ago. Basic earnings per share from continuing operations was USD 1.55 compared to USD 1.59 a year ago. Diluted earnings per share from continuing operations was USD 1.55 compared to USD 1.58 a year ago.
For the nine months, sales was USD 3,003.79 million compared to USD 2,905.53 million a year ago. Net income was USD 317.56 million compared to USD 321.04 million a year ago. Basic earnings per share from continuing operations was USD 4.23 compared to USD 4.19 a year ago. Diluted earnings per share from continuing operations was USD 4.23 compared to USD 4.18 a year ago.
Align Technology, Inc. specializes in the design, manufacturing and marketing of dental and medical devices. Net sales break down by family of products as follows:
- clear aligners (80.8%): sold under the brand name Invisalign;
- intra-oral scanners (19.2%): iTero. The group also offers scanner services.
Net sales are distributed geographically as follows: the United States (42.4%), Switzerland (24.6%), and other (33%).
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