Align Technology reported net profits of $32.6 million on revenues of $108 million for the second quarter of 2010 (end-June 30), compared to net profits of $14.9 million on revenues of $76 million for the same quarter a year ago.
"Q2 was an outstanding quarter for Align," said Thomas Prescott, Align president and CEO, in a press release. "Our Invisalign business continues to outperform our expectations, resulting in our third consecutive quarter for record revenues and case shipments -- even without the positive effects from the release of $14.3 million of previously deferred revenue for Invisalign Teen and a credit of $8.7 million from an insurance settlement related to the OrthoClear litigation."
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