The company said its Q3 total revenues for the third quarter 24 were $977.9 million, up 1.8% year over year and down 4.9% sequentially. Clear Aligner revenue was $786.8 million, down 1.0% year over year.

1. 01

   The company said its Q3 total revenues for the third quarter 24 were $977.9 million, up 1.8% year over year and down 4.9% sequentially. Clear Aligner revenue was $786.8 million, down 1.0% year over year.

2. 02

   The company said its Q3 operating income for the third quarter 24 was $162.3 million (operating margin of 16.6%), and net income was $116.0 million (diluted earnings per share of $1.55). On a non-GAAP basis, operating margin was 22.1% and diluted earnings per share were $2.35.

3. 03

   The company said it announced a global restructuring plan affecting employees in every region, and it expects restructuring charges related to severance of about $30 million in Q4, or an impact of about 3 percentage points on operating margin.

4. 04

   The company said it expects to repurchase up to $275.0 million of its common stock from Q4 2024 through Q1 2025, and it expects worldwide revenues for Q4 in the range of $995M to $1,015M.

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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