Align Technology : ALGN Q224 Financial Slides and Historical Data

Published: 2024-07-25 03:16:12 ET ALGN

Q2 2024

Financial Results

Align Technology, Inc.

July 24, 2024

Q2 2024 Conference Call Details

Conference call

Speakers:

Joe Hogan, President and CEO

John Morici, CFO

Shirley Stacy, VP, Finance, Investor Relations and Corporate Communications

Webcast Archive:

Audio webcast archive will be available at http://investor.aligntech.com for one month

Contacts

Website: http://investor.aligntech.com

Email: [email protected]

Tel: (602) 742-2000

Corporate and Investor Communications:

Shirley Stacy, [email protected]

Madelyn Valente, [email protected]

Safe Harbor and Forward-Looking Statements

This presentation, including the tables below, contains forward-looking statements, including statements of beliefs and expectations regarding our ability to successfully control our business and operations and pursue our strategic growth drivers, our expectations regarding the release, availability, regulatory clearance, effectiveness and customer desire for new products and technologies, our expectations regarding the timing of settlements of litigation matters, our expectations for market opportunities, our expectations for Q3'24 worldwide revenues, Clear Aligner volumes, Clear Aligner ASP, Systems and Services revenues and GAAP and non-GAAP operating margin, and 2024 total revenues, Clear Aligner ASP, and GAAP and non- GAAP operating margin, as well as capital expenditures. Forward-looking statements contained in this news release relating to expectations about future events or results are based upon information available to Align as of the date hereof. Readers are cautioned that these forward-looking statements reflect our best judgments based on currently known facts and circumstances and are subject to risks, uncertainties, and assumptions that are difficult to predict. As a result, actual results may differ materially and adversely from those expressed in any forward-looking statement.

Factors that might cause such a difference include, but are not limited to:

The foregoing and other risks are detailed from time to time in our periodic reports filed with the Securities and Exchange Commission ("SEC"), including, but not limited to, our Annual Report on Form 10-K for the year ended December 31, 2023, which was filed with the SEC on February 28, 2024 and our latest Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, which was filed with the SEC on May 3, 2024. Align undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

About Non-GAAP Financial Measures

INVISALIGN® SMILES

Invisalign patients treated

including

+18M

+5M

Teens & Kids

*As of Q2'24

Making clear aligner treatment available

for EVERYONE through DOCTORS

600M

POTENTIAL PATIENTS

through

+2M

DOCTORS

with an

iTero™ scanner at

EVERY CHAIR

From appliance to platform

2024

iTero Lumina™ intraoral scanner

Revenue Y/Y%

LTM 20% - 30%

2007 - 2012

Force system biomechanics

G-Series

Vivera™ retainers

1997 - 2006

Teen product

SmartForce™ features

Invisalign® clear aligners

ClinCheck® Pro

iTero™ intraoral scanners

ClinCheck® software

3D Printing SLA

2001-2023

+22.5%

2013 - 2016

SmartTrack™ material Biteramps

Invisalign® Outcome Simulator SmartStage™ technology iTero Element™ scanner Mandibular advancement

2017 - 2023

Invisalign First™ My Invisalign™ app

iTero Element™ 5D imaging system NIRI ClinCheck® Pro 6 exocad™ lab software Invisalign® Virtual Care Professional Whitening Subscription E-CommerceDiagnostics

Invisalign® Practice App Invisalign Smile Architect™ Invisalign® Virtual Care AI Enhanced precision wings for Invisalign treatment with mandibular advancement

Invisalign® Palatal Expander System SmartForce™ attachment-freealigner activation feature

Plan Editor in ClinCheck® treatment planning software

Align™ Oral Health Suite

iTero-exocad Connector™

iTero Multi-Direct Capture™ technology ClinCheck® Smile Video

iTero™ Design Suite

Pictured: iTero Lumina™ intraoral scanner

Pictured: Invisalign®

Palatal Expander System

Software

New products

Services

ENORMOUS OPPORTUNITY

600M

Consumer

Opportunity

15M teens

22M

7M adults

Annual ortho starts

Disclaimer

Align Technology Inc. published this content on 24 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2024 07:15:28 UTC.