Synergetics USA (SURG) Tops Q2 EPS by 5c

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Synergetics Reports Second Quarter of Fiscal Year 2015 Results

March 10, 2015 4:05 PM EDT

O'FALLON, MO -- (Marketwired) -- 03/10/15 -- Synergetics USA, Inc. (NASDAQ: SURG), a medical device company that designs, manufactures, and markets innovative surgical devices for ophthalmic and neurosurgical applications, today announced results for the second quarter of fiscal year 2015.

Second Quarter Summary:

Total sales were $18.2 million, an increase of 20.5% year-over-year. Excluding the impacts of the acquisition of Sterimedix in the period, total sales increased 13.4% year-over-year. Ophthalmic sales increased 8.9% year-over-year and neurosurgery sales increased 36.4% year-over-year. Domestic sales increased 16.6% and International sales increased 31.0% year-over-year. International sales increased 36.8% year-over-year on a constant currency... More