Align Technology Inc, San Jose, recently released its third-quarter earnings report, showing gains over previous earnings.
The company reported a 2-cent increase on earnings per share—up from 22 cents for the 2010 quarter to 24 cents. Revenue also rose, up from $96 million to $126 million. The company cited strong sales growth for its Invisalign Teen system as a reason for the revenue increase.
The company expects fourth-quarter earnings of 17 to 19 cents a share, on revenue of $124 million to $129 million. Align also reports that its board has authorized a $150 million stock buy-back program.
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