Align Technology Announces Fourth Quarter and Fiscal 2023 Financial Results

ALIGN TECHNOLOGY, INC.
UNAUDITED GAAP TO NON-GAAP RECONCILIATION CONTINUED+
CONSTANT CURRENCY NET REVENUES CONTINUED
(in thousands, except percentages)

Current year versus prior year constant currency analysis:

 

 

Year Ended December 31,

 

 

 

 

 

2023

 

 

2022

 

Impact % of
Revenue

GAAP net revenues

 

$

3,862,260

 

$

3,734,635

 

 

Constant currency impact (1)

 

 

36,267

 

 

 

0.9

%

Constant currency net revenues (1)

 

$

3,898,527

 

 

 

 

 

 

 

 

 

 

 

GAAP Clear Aligner net revenues

 

$

3,199,329

 

$

3,072,585

 

 

Clear Aligner constant currency impact (1)

 

 

29,683

 

 

 

0.9

%

Clear Aligner constant currency net revenues (1)

 

$

3,229,012

 

 

 

 

 

 

 

 

 

 

 

GAAP Imaging Systems and CAD/CAM Services net revenues

 

$

662,931

 

$

662,050

 

 

Imaging Systems and CAD/CAM Services constant currency impact (1)

 

 

6,583

 

 

 

1.0

%

Imaging Systems and CAD/CAM Services constant currency net revenues (1)

 

$

669,514

 

 

 

 


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