Align Technology posts Street-beating Q4 results

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Align Technology (NSDQ:ALGN) posted fourth-quarter results today that beat the consensus forecast on Wall Street. “Our fourth quarter was a strong finish to a great year with record revenues and volumes. Q4’19 iTero scanner and services revenues increased 20.2% year-over-year with strong growth especially from international doctors,” president and CEO Joe Hogan said in a news release. During the year, over 1.5 million people started treatment with Invisalign clear aligners, including 447,000 teens and younger patients, which increased 34.1%,” Hogan said. Investors reacted by sending shares in ALGN down -2.16% to $255.99 apiece in early morning trading.

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