STAAR Surgical Reports Fourth Quarter and Full Year 2019 Results

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STAAR Surgical (STAA) Tops Q4 EPS by 9c

February 26, 2020 4:14 PM EST

STAAR Surgical (NASDAQ: STAA) reported Q4 EPS of $0.12, $0.09 better than the analyst estimate of $0.03. Revenue for the quarter came in at $38.9 million versus the consensus estimate of $38.42 million.

Fourth Quarter 2019 Overview

Net Sales of $38.9 Million Up 25% from the Prior Year QuarterICL Sales of $33.3 Million Up 27% and Units Up 27% from the Prior Year QuarterGross Margin at 74.1% vs. 73.7% in the Prior Year QuarterNet Income of $0.14 per Share vs. Prior Year Quarter Net Income of $0.02 per ShareNet Income includes a $0.07 per Share tax benefit above the previously announced preliminary... More