Align Technology has reported revenues of $560 million for fiscal year 2012 (end-December 31), a 17% increase over revenues of $480 million for 2011.
Net profit for 2012 was $58.7 million, compared with $66.7 million in 2011.
Net revenues for the fourth quarter of 2012 were $142.8 million, up from $128.9 million in the fourth quarter of 2011. However, profit was down for the quarter to $9.6 million, compared with $20.4 million in the fourth quarter of 2011.
"Despite a soft start this quarter in North America for Align and most of the dental industry, Invisalign case submissions rebounded in December and this trend has continued into the first quarter of 2013," stated Thomas Prescott, Align president and CEO, in a press release.
