Align Technology Sees Q3 2024 Revenue $980M-$1B Vs $1.03B Estimate

Third quarter 2024 outlook:

For Q3'24, we are providing the following business outlook:

•We expect our Q3 worldwide revenues to be in the range of $980M to $1,000M

•We expect Clear Aligner volume to be down sequentially as a result of Q3 seasonality, and Clear Aligner ASPs to be down sequentially, primarily due to foreign exchange and product mix

•We also expect Systems and Services revenues to be down sequentially because of Q3 seasonality

•We expect our Q3'24 GAAP operating margin to be below Q3'23 GAAP operating margin and Q3'24 non-GAAP operating margin to be flat to Q3'23 non-GAAP operating margin