Align Technology Inc (ALGN) Q4 2019 Earnings Call Transcript

  • Date: 30-Jan-2020
  • Source: The Motley Fool
  • Sector:Technology
  • Country:GCC
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Align Technology Inc (ALGN) Q4 2019 Earnings Call Transcript

It is now my pleasure to introduce your host, Shirley Stacy, Vice President, Corporate and Investor Communications.. I'm Shirley Stacy, Vice President of Corporate Communications, Investor Relations.. Joining me for today's call is Joe Hogan, President and CEO and John Morici, CFO.. We issued fourth quarter and full year 2019 financial results today via GlobeNewswire, which is available on our website at investor.aligntech.com.. John will provide more detail on our financial results, discuss our outlook for the first quarter and share our high level thoughts about 2020.. Our fourth quarter was a strong finish to a great year with record revenues and volumes.. For Q4, iTero scanner revenues increased 20.2% year-over-year with strong growth especially from international doctors.. On a sequential basis, Invisalign volumes were up 7.4% driven by strong growth in North America, EMEA and Latin America with all time highs in those regions.. We also saw strong growth in Invisalign Go systems across all regions, reflecting continued progress with GP dentists, as well as a ramp-up from Invisalign Moderate, which launched at the beginning of Q4 in North America.. For the full year, total revenues of $2.4 billion, reflect record revenues, up 22.4% year-over-year, includes $2 billion in