Align Technology reports increased Q3 revenues

Align Technology reported increases in revenues and clear aligner shipments for the third quarter of 2016.

For the quarter (end-September 30), the company reported net revenues of 278.6 million, up from $207.6 million from the same quarter in 2015, according to the company. The company also reported that shipments of its clear aligner product were 177,755, compared with 147,485 from the same quarter in 2015. Net profit for the third quarter was $51.4 million, up from $27.6 million in the same period of 2015.

The company also announced the appointment of John Morici as chief financial officer, replacing David White, who retired.