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Align Technology Announces Third Quarter Fiscal 2008 Results
Date:10/28/2008

ed Worldwide: Q3 08 Cumulative

U.S. Orthodontists 90 8,600

U.S. GP Dentists 1,030 31,300

International 330 13,670

Total Doctors Trained Worldwide 1,450 53,570

Multiple Case Doctors (Cumulative as of): Q3 08

U.S. Orthodontists 90.6%

U.S. GP Dentists 86.4%

International 77.3%

Doctors Starting Invisalign Treatment

(Cumulative as of): Q3 08

U.S. Orthodontists 7,030

U.S. GP Dentists 24,900

International 7,740

Total Doctors Starting Invisalign

Treatment 39,670

Doctor Utilization Rates*: Q3 08 Q2 08 Q3 07

U.S. Orthodontists 4.8 4.9 4.9

U.S. GP Dentists 2.4 2.5 2.6

International 3.2 3.3 3.1

Total Utilization Rate 3.0 3.1 3.2

* Utilization = # of cases/# of doctors to whom cases were shipped

Business Outlook

For the fourth quarter of fiscal 2008 (Q4 08), Align Technology expects net revenues to be in a range of $72.5 million to $76.5 million. GAAP earnings per diluted share for Q4 08 is expected to be in a range of $0.01 to $0.03. Non-GAAP earnings per diluted share for Q4 08 is expected to be in a range of $0.06 to $0.09. Stock-based stock compensation expense for Q4 08 is expected to be approximately $4.1 million.

For fiscal 2008, Align Technology expects net revenues to be in a range of $302.5 million to $306.5 million. The Company continues to expect the increase in deferred revenue for fiscal 2008 to be i
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SOURCE Align Technology, Inc.
Copyright©2008 PR Newswire.
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