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STAAR Surgical (STAA) Misses Q2 EPS by 9c, provides guidance

August 7, 2024 4:03 PM

STAAR Surgical (NASDAQ: STAA) reported Q2 EPS of $0.15, $0.09 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $99 million versus the consensus estimate of $95.22 million.

GUIDANCE:

STAAR Surgical sees FY2024 EPS of $340.00-$345.00, versus the consensus of $340.00, increased from prior outlook for net sales of $335 million to $340 million.
Adjusted EBITDA of approximately $42 million and Adjusted EBITDA per diluted share of approximately $0.80, increased from prior outlook of Adjusted EBITDA of approximately $39 million and Adjusted EBITDA per diluted share of approximately $0.75.

For earnings history and earnings-related data on STAAR Surgical (STAA) click here.

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Earnings Guidance