Align Technology Q1 revenues, income jump

Align Technology reported revenues of $90.1 million for the first quarter of fiscal 2010 (end-March 31), a 28% increase over revenues of $70.1 million in the same quarter a year ago.

Net profit for the quarter was $14.9 million, up from $2.6 million for the same quarter of fiscal 2009.

"I'm pleased to report strong results for our first quarter," said Thomas M. Prescott, president and CEO, in a press release. "Record revenues and case shipments combined with lower spending resulted in better than anticipated earnings."

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