Align Technology reports $1.16B in Q3

Tempe, Ariz.-based Align Technology earned $1.16 billion in revenue in its third quarter, the medical device company said Oct. 27.

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The third quarter financial report shows the company’s revenue increased by 38.4 percent year over year. It earned $1 billion in quarterly revenue for the first time during its second quarter.

Align Technology made $837.6 million in revenue in the third quarter from its clear aligners, with its volume up by 0.7 percent since the second quarter and 36.4 percent year over year.

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