Align Technology Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported net profit of $20,449,000 or $0.25 per diluted share on net revenues of $128,905,000 compared to net profit of $9,905,000 or $0.13 per diluted share on net revenues of $92,893,000 for the same quarter last year. The company reported profit from operations of $26,430,000 compared to $14,770,000, profit before income taxes of $26,346,000 compared to $14,519,000, non-GAAP profit from operations of $29,677,000 compared to $16,009,000, non-GAAP net profit of $22,981,000 or $0.28 per diluted share compared to $10,965,000 or $0.14 per diluted share for the same quarter last year. Operating income was $26.4 million compared to $26.3 million in third quarter of 2011 and $14.8 million in the same quarter a year ago. Non-GAAP operating income was $29.7 million, or 23% compared to $29.2 million, or 23.2% in third quarter of 2011 and $16 million, or 17.2%, in the same quarter last year. The company generated $42.3 million in cash from operations. This is compared to $41.6 million in third quarter of 2011 and $32.5 million in the same quarter last year. For the year, the company reported net profit of $66,716,000 or $0.83 per diluted share on net revenues of $479,741,000 compared to net profit of $74,253,000 or $0.95 per diluted share on net revenues of $387,126,000 for the last year. The company reported profit from operations of $90,360,000 compared $102,734,000, profit before income taxes of $89,941,000 compared to $102,003,000, non-GAAP profit from operations of $104,650,000 compared to $85,146,000, non-GAAP net profit of $78,144,000 or $0.97 per diluted share compared to $62,296,000 or $0.80 per diluted share and non-GAAP net revenues 479,741,000 compared to $372,828,000 for the last year. The company delivered better than expected revenue and earnings, driven by increased Invisalign case volume and lower than projected operating expenses. Non-GAAP operating income was $104.7 million, or 21.8%, compared to $85.1 million, or 22.8%, a year ago. The company generated $130.7 million in cash from operations, and this is compared to $120.5 million a year ago. For the first quarter of fiscal 2012, the company expects net revenues to be in a range of $125.4 million to $127.9 million. GAAP earnings per diluted share for first quarter of fiscal 2012 are expected to be in a range of $0.17 to $0.19. Non-GAAP earnings per diluted share for first quarter of fiscal 2012 are expected to be in a range of $0.19 to $0.21. Gross Margin expected to be in a range of 72.1% to 73.3%. Capex expected to be in a range of $8.0 million to $10.0 million. Depreciation & Amortization expected to be in a range of $3.8 million to $4.3 million.