Align Q1 2022 Earnings Report
Key Takeaways
Align Technology reported Q1 2022 total revenues of $973.2 million, an 8.8% increase year-over-year. Q1'22 diluted net income per share was $1.70; Q1 non-GAAP diluted net income per share was $2.13.
Q1'22 total revenues of $973.2 million, compared to $894.8 million in Q1'21
Q1'22 Invisalign volume of 598.8 thousand cases, compared to 595.8 thousand cases in Q1'21
Q1'22 Invisalign cases for teenage patients of 175.2 thousand cases, 29.3% of total volumes, compared to 165.3 thousand cases, or 27.7% of total volumes in Q1'21
Q1'22 diluted net income per share of $1.70; Q1 non-GAAP diluted net income per share of $2.13
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Align Revenue by Segment
Forward Guidance
During Q2'22, we expect to repurchase up to $200.0 million of our common stock through either, or a combination of, open market repurchases or an accelerated stock repurchase agreement.
Revenue & Expenses
Visualization of income flow from segment revenue to net income