Clear aligner revenues were up 4.3% to $832.7 million. Imaging systems and CAD/CAM services revenue totaled $169.5 million. Align designs, manufactures, and sells the well-known Invisalign clear aligner system.
The company ended the quarter with $1 billion in cash, equivalents and marketable securities.
"Q2 results reflect improving trends across regions and strength in teen and younger patient volumes, driven by momentum in both submitters and utilization as well as continued growth from Invisalign First," said Joe Hogan, president and CEO of Align.
Align expects third-quarter revenue to be between $990 million and $1.01 billion versus the analyst consensus of $982.82 million. The operating margin is expected to tick higher next quarter.
Full-year revenue is expected to be between $3.97 billion and $3.99 billion, versus the analyst consensus of $3.94 billion.
Photo: courtesy of Align.
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