STAAR Surgical ICL Sales Up 46%; Company Raises Outlook for Full Year 2018

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STAAR Surgical (STAA) Tops Q3 EPS by 10c, Revenues Beat; 'Raises Outlook for Full Year 2018'

October 31, 2018 4:05 PM EDT

STAAR Surgical (NASDAQ: STAA) reported Q3 EPS of $0.07, $0.10 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $31.8 million versus the consensus estimate of $29.02 million.

Net Sales of $31.8 Million Up 35% from the Prior Year QuarterICL Sales Up 46% and Units Up 56% from the Prior Year QuarterGross Margin at 75.1% of Sales from 71.8% of Sales in the Prior Year QuarterEarnings per Share of $0.03 versus Earnings per Share of $0.03 in the Prior Year QuarterNon-GAAP Earnings per Share of $0.07 versus Earnings per Share of $0.04 in the Prior Year... More