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Article: Orthodontics company announces net loss per share of $0.27.
- Article from:
- Medical Devices & Surgical Technology Week
- Article date:
- March 23, 2003
CopyrightCOPYRIGHT 2003 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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2003 MAR 23 - (NewsRx.com & NewsRx.net) -- Align Technology, Inc., (ALGN) announced revenues for the fourth quarter of 2002 increased 82% to $22.4 million compared to $12.3 million for the fourth quarter of 2001.
Revenues for the full year of 2002 increased 63% to $75.4 million compared to the $46.4 million for the full year of 2001.
"Our continued growth in revenues this quarter reflects increased adoption of Invisalign, greater utilization by clinicians and expanding consumer demand across all elements of Align's business," said Thomas M. Prescott, president and CEO of Align Technology. "Restructuring activities to streamline the manufacturing ...