The company said its Q2 '24 total revenues were $1,028.5 million, up 3.1% sequentially and up 2.6% year-over-year, and its diluted net income per share was $1.28 ($2.41 on a non-GAAP diluted basis).

1. 01

   The company said its Q2 '24 total revenues were $1,028.5 million, up 3.1% sequentially and up 2.6% year-over-year, and its diluted net income per share was $1.28 ($2.41 on a non-GAAP diluted basis).

2. 02

   Align Technology said its Q2 '24 Clear Aligner revenues were $831.7 million (down 0.1% year-over-year), and Imaging Systems and CAD/CAM Services revenues were $196.8 million (up 16.1% year-over-year).

3. 03

   The company said its Q2 '24 operating income was $147.0 million and operating margin was 14.3%. It said it agreed in principle during the quarter to settle legal matters for a total of $31.1 million, primarily related to the Misty Snow Antitrust Class Action.

4. 04

   Align Technology said it expects Q3 '24 worldwide revenues of $980M to $1,000M, and fiscal 2024 total revenue growth of 4% to 6% year-over-year. The company said its revised annual outlook reflects an expected commercial launch of iTero Lumina in Q1 '25, rather than 2024 as previously anticipated.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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