TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Align Technology Inc. (ALGN) on Wednesday reported third-quarter earnings of $135 million.

On a per-share basis, the Tempe, Arizona-based company said it had profit of $1.90. Earnings, adjusted for one-time gains and costs, came to $2.80 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.76 per share.

The maker of the Invisalign tooth-straightening system posted revenue of $1.01 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1 billion.

Align Technology shares have decreased almost 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $152.15, an increase of 14% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALGN at https://www.zacks.com/ap/ALGN