Align Technology reports increased Q2 revenues, shipments

Medical device company Align Technology reported increases in revenues and clear-aligner shipments for the second quarter of 2018.

For the quarter (end-June 30), the company reported net revenues of $490.3 million, up 37.5% from $356.5 million from the same quarter in 2017. The company also reported that shipments of its clear-aligner product totaled 302,685 for the quarter, compared with 231,890 from the same period in 2017. The company's net profit for the second quarter was $106.1 million, up from $69.2 million in the same period of 2017.

The company also announced the opening of a new, multistory facility in Costa Rica for operations, including treatment modeling and planning and customer service.