Align Technology, Inc. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2018; Provides Earnings Guidance for the First Quarter of 2019
For the year, the company reported net revenue of $1,966,492,000 compared to $1,473,413,000 a year ago. Income from operations was $466,564,000 compared to $353,611,000 a year ago. Net income was $400,235,000 compared to $231,418,000 a year ago. Net income per basic share was $5.00 compared to $2.89 a year ago.
For the first quarter of 2019, the company expects net revenues in the range of $525.0 million to $535.0 million, up approximately 20% to 22% over the same period a year ago. Diluted EPS in the range of $0.78 to $0.84.