Align Technology Expects Q4 Worldwide Revenues Of $995M - $1.015B
Portfolio Pulse from Benzinga Newsdesk
Align Technology projects Q4 2024 revenues between $995M and $1.015B, with a slight increase in Clear Aligner volume and ASP. The GAAP operating margin is expected to be slightly below 14% due to restructuring charges, while the non-GAAP margin is anticipated to rise slightly.
October 23, 2024 | 8:13 pm
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Align Technology forecasts Q4 2024 revenues between $995M and $1.015B, with slight increases in Clear Aligner volume and ASP. GAAP operating margin is expected to be slightly below 14% due to restructuring charges, while non-GAAP margin is anticipated to rise slightly.
The revenue forecast is within a narrow range, indicating stability. The slight increase in Clear Aligner volume and ASP is positive, but the GAAP margin is impacted by restructuring costs, which could be seen as a negative. However, the non-GAAP margin improvement offsets this, leading to a neutral short-term impact.
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