Overview

• Align Technology's Q4 revenue increased by 6.1% year-over-year to $956.7 million, surpassing the consensus estimate of $933.67 million.
• The company reported quarterly adjusted earnings of $2.42 per share, beating analyst estimates of $2.18 per share.
• Clear aligner revenues were up 6.9% year-over-year to $781.9 million.
• Align Technology unveiled a new technology, the iTero Lumina intraoral scanner, which offers faster scanning, higher accuracy, and superior visualization.
• Align Technology expects Q1 revenue to be between $960 million and $980 million, above estimates of $946.854 million.