Align Technology (ALGN) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined sequentially but rose compared with the same period a year earlier. The sequential decrease followed several quarters of growth, while the year-over-year gain remained positive.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined sequentially but rose compared with the same period a year earlier. The sequential decrease followed several quarters of growth, while the year-over-year gain remained positive.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$977.9M
Revenue reported for this quarter.
Quarter-over-quarter
-4.9%
Change from the immediately preceding quarter.
Year-over-year
+1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $956.7M | +6.1% |
| Mar 31, 2024 | $997.4M | +5.8% |
| Jun 30, 2024 | $1B | +2.6% |
| Sep 30, 2024 | $977.9M | +1.8% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, marking a reversal of the prior sequential upward trend.
Quarterly comparison
Compared with the prior quarter, revenue was lower; however, compared with the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline after a period of sustained growth may warrant attention in upcoming quarters.