STAAR Surgical Reports Record First Quarter 2021 Net Sales of $50.8 Million Up 44% Y/Y

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Go back to STAAR Surgical Reports Record First Quarter 2021 Net Sales of $50.8 Million Up 44% Y/Y

STAAR Surgical (STAA) Tops Q1 EPS by 11c, Revenues Beat

May 5, 2021 5:01 PM EDT

STAAR Surgical (NASDAQ: STAA) reported Q1 EPS of $0.10, $0.11 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $50.75 million versus the consensus estimate of $44.42 million.

First Quarter 2021 Overview

Record Quarterly Net Sales of $50.8 Million Up 44% from the Prior Year QuarterRecord Quarterly ICL Sales of $46.5 Million Up 58% from the Prior Year QuarterRecord Quarterly ICL Units, Up 54% from the Prior Year QuarterGross Margin at 77.1% vs. 70.4% in the Prior Year QuarterNet Income of $0.10 per Share vs. Prior Year Quarter Net Loss of Approximately BreakevenCash and Cash... More