STAAR Surgical ICL Sales Up 67%; Company Raises Outlook for 2018

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STAAR Surgical (STAA) Tops Q2 EPS by 10c, Revenues Beat; Boosts Outlook

August 1, 2018 4:06 PM EDT

STAAR Surgical (NASDAQ: STAA) reported Q2 EPS of $0.09, $0.10 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $33.9 million versus the consensus estimate of $26.74 million.

Second Quarter 2018 Overview

Net Sales of $33.9 Million Up 55% from the Prior Year QuarterICL Sales Up 67% and Units Up 66% from the Prior Year QuarterOther Sales Up 18% from the Prior Year QuarterGross Margin at 74.4% of Sales from 70.5% of Sales in the Prior Year... More