Align Technology maintains double-digit growth in Q3 2014

Align Technology has experienced strong global growth during the third quarter of 2014, maintaining its recent momentum.

The company's revenue total for the quarter came to $189.9 million (118.13 million pounds), up by 15.4 percent year on year, with clear aligner sales up by 16 percent and scanner and services revenues climbing by 7.1 percent.

Continued growth in the number of teenagers starting orthodontic treatment with its Invisalign solution during the summer season contributed to the strong results, helping to ensure its earnings exceeded previous guidance.

For the fourth quarter, the company is forecasting a further year-over-year revenue increase of between 9.3 percent and 11.7 percent.

Thomas Prescott, Align's president and chief executive officer, said: "I am pleased to report solid third quarter results with year-over-year growth driven by higher Invisalign volume across all customer channels and geographies."

Founded in 1997, Align launched its flagship Invisalign clear aligner technology in Europe in 2001 and has experienced steady growth since then.