STAAR Surgical Reports Third Quarter Results

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Go back to STAAR Surgical Reports Third Quarter Results

STAAR Surgical (STAA) Reports In-Line Q3 EPS, Revenues Beat

October 30, 2019 5:42 PM EDT

STAAR Surgical (NASDAQ: STAA) reported Q3 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $39.1 million versus the consensus estimate of $38.56 million.

Third Quarter 2019 Overview

Net Sales of $39.1 Million Up 23% from the Prior Year QuarterICL Sales of $33.8 Million Up 28% from the Prior Year QuarterICL Units Up 35% from the Prior Year QuarterGross Margin at 74.4% vs. 75.1% in the Prior Year QuarterNet Income of $0.05 per Share vs. Prior Year Quarter Net Income of $0.03 per ShareCash and Cash Equivalents Ended the Quarter at $112.3... More