Align Technology Q2 Profit Climbs - Quick Facts

(RTTNews) - Align Technology Inc. (ALGN) Thursday reported second-quarter profit of $29.3 million or $0.36 per share, up from $28.5 million or $0.34 per share in the same period last year.

Adjusted earnings for the quarter was $29.3 million or $0.36 per share. On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.28 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $163.8 million, up from $145.6 million last year. Analysts expected revenues of $156.20 million.

Looking ahead to the third quarter, the company has forecast earnings in the range of $0.28 to $0.30 per share. Revenues are expected to range between $154.9 million and $160.0 million. Analysts currently expect the company to report full-year earnings of $1.19 per share on revenues of $628.77 million.