STAAR Surgical (STAA) Tops Q1 EPS by 8c, Revenues Beat

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STAAR Surgical Reports First Quarter 2020 Results

May 6, 2020 4:01 PM EDT

LAKE FOREST, Calif.--(BUSINESS WIRE)-- STAAR Surgical Company (NASDAQ: STAA), a leading developer, manufacturer and marketer of implantable lenses and companion delivery systems for the eye, today reported financial results for the first quarter ended April 3, 2020.

First Quarter 2020 Overview

Net Sales of $35.2 Million Up 8% from the Prior Year Quarter ICL Sales of $29.3 Million Up 6% and Units Up 9% from the Prior Year Quarter Gross Margin at 70.4% vs. 74.2% in the Prior Year Quarter Net Loss Approximately Breakeven per Share vs.... More