STAAR Surgical Announces Submission of Presbyopia Clinical Trial Data; Proprietary EDOF Collamer® Lens is Designed to Improve Near, Intermediate and Distance Vision

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STAAR Surgical (STAA) Tops Q2 EPS by 4c, Slight Beat on Revenues

July 31, 2019 5:33 PM EDT

STAAR Surgical (NASDAQ: STAA) reported Q2 EPS of $0.08, $0.04 better than the analyst estimate of $0.04. Revenue for the quarter came in at $39.7 million versus the consensus estimate of $39.13 million.

Second Quarter 2019 Overview

Net Sales of $39.7 Million (Up 17%) as Reported and $40.3 Million (Up 19%) Constant Currency from the Prior Year QuarterICL Sales of $34.4 Million (Up 26%) as Reported and $34.9 Million (Up 28%) Constant Currency from the Prior Year QuarterICL Units Up 34% from the Prior Year QuarterGross Margin at 75.4% Up 100 Basis Points from the Prior Year QuarterNet Income... More