Align Technology Inc reported its third quarter financial results for 2019. The company reported that Invisalign volume was up 20.7%, or 385,400 cases year-over-year. That translated into a 13.0% increase for the Americas and a 32.1% increase for international regions. Invisalign volume for teen patients was up 31.5% year-over-year, or 129,600 cases.
Intraoral scanner and services revenues were $91.1 million, up 16.5% year-over-year.
Overall, the company reported total revenues were $607.3 million, up 20.2% year-over-year.
Align Technology President and CEO Joe Hogan said, “I’m pleased to report revenues, volume, and earnings above our third quarter outlook driven by better than expected volume across the Invisalign portfolio in Asia Pacific and Latin America, reflecting record highs for both regions and improving trends in the North American orthodontic channel. Notwithstanding EMEA summer seasonality, we saw continued adoption from teens and especially younger patients using Invisalign First across the board. Q3 Invisalign volumes were up 20.7% year-over-year driven by growth across the product portfolio, as well as expansion of our customer base, which increased by 6,000 new Invisalign doctors for a total of 63,000 active doctors worldwide. The iTero scanner and services business was up 16.5% year-over-year reflecting continued growth across each region, and down sequentially as expected coming off a record second quarter.”
