Align Technology brought in $997.4 million in total revenues during the first quarter of 2024, according to its April 24 financial report.
Here are four notes on the dental technology company's report:
1. Clear aligner revenues for the quarter were $817.3 million, up 4.5% over the fourth quarter of 2023 and 3.5% year over year.
2. Imaging systems and CAD/CAM services revenues were $180.2 million, an increase of 3.1% over the fourth quarter of 2023 and a 17.5% year-over-year jump.
3. Align had a first-quarter operating income of $154.1 million, leading to an operating margin of 15.5%.
4. During the first quarter, the company acquired a 3D printing solutions company, introduced an intraoral scanner and launched the Invisalign palatal expander system in the U.S. and Canada.