Align Technology, Inc. (NASDAQ:ALGN) Q3 2023 Earnings Conference Call October 25, 2023 4:30 PM ET

Company Participants

Shirley Stacy - Vice President of Corporate Communications and Investor Relations

Joseph Hogan - Director, President and Chief Executive Officer

John Morici - Chief Financial Officer and Executive Vice President, Global Finance

Conference Call Participants

Brandon Vazquez - William Blair

Jon Block - Stifel

Elizabeth Anderson - Evercore ISI

Aaron Wright - Morgan Stanley

Nathan Rich - Goldman Sachs

Brandon Couillard - Jeffries

Mike Ryskin - Bank of America

Operator

Welcome to Align Technology, Third Quarter 2023 Earnings Call. [Operator Instructions] Please note that this conference call is being recorded.

I would now like to turn the conference over to your host, Shirley Stacy, with Align Technologies. You may begin.

Shirley Stacy

Thank you. Good afternoon and thank you for joining us. I'm Shirley Stacy, Vice President of Corporate Communications and Investor Relations. Joining me for today's call is Joe Hogan, president and CEO, and John Morici, CFO. We issued third quarter 2023 financial results today via Businesswire, which is available on our website at investor.aligntech.com. Today's conference call is being audio webcast and will be archived on our website for approximately one month. As a reminder, the information provided and discussed today will include forward-looking statements, including statements about Align's future events, products and outlook. These forward-looking statements are only predictions and involve risks and uncertainties that are described in more detail in our most recent periodic reports filed with the Securities and Exchange Commission, available on our website and at sec.gov. Actual results may vary significantly and Align expressly assumes no obligation to update any forward-looking statement.

We have posted historical financial statements, including the corresponding reconciliations, including our gap to non-GAAP reconciliation if applicable, and our third quarter 2023 conference call slides on our website under Quarterly Results. Please refer to these files for more detail.

Note as of Q3, DSP touch-up cases and associated revenues have been reclassified to the non-comprehensive clear Aligner segment and are now reflected in our reported clear Aligner case volumes, revenues and business metrics. Prior to this quarter, they were not reported in the non-case category. Unless otherwise stated all metrics include DSP touch up cases in reported clear Aligner volumes.

With that, I'll turn the call over to Align technologies President and CEO Joe Hogan. Joe?

Joseph Hogan

Thanks, Shirley. Good afternoon and thanks for joining us. On our call today I'll provide an overview of our third quarter results and discuss a few highlights from our two operating segments, Systems and Services and Clear Liners. Jon will provide more detail on our Q3 financial performance and comment on our views for the remainder of the year. Following that, we'll come back and summarize a few key points and we'll take questions.