Navigation Links
LCA-Vision Announces Fourth Quarter and Full Year 2008 Financial Results
Date:2/10/2009

of $38.4 million.
  • Operating loss and adjusted operating loss included $3.5 million in restructuring and impairment charges.
  • Net loss was $6.6 million or $0.36 per share, compared with net income of $32.5 million or $1.64 per diluted share.
  • LCA-Vision is providing both adjusted revenue and operating income as a means of measuring performance that adjusts for the non-cash impact of accounting for separately priced extended warranties. A reconciliation of revenue and operating income (loss) as reported in accordance with U.S. Generally Accepted Accounting Principles (GAAP) is provided at the end of this news release. Management believes the adjusted information better reflects operating performance and, therefore, is more meaningful to investors.

    "During the fourth quarter, we began to benefit from our numerous business initiatives implemented throughout 2008, even though the decline in the overall U.S. economy and weakening consumer confidence continued to impact discretionary spending and led to what we believe was additional deterioration in overall industry procedure volume," said Steven C. Straus, Chief Executive Officer of LCA-Vision. "Notably, the year-over-year procedure volume decline rate in the fourth quarter showed stabilization compared with the 2008 third quarter, and our procedure volume for January 2009 was up 48% compared with December 2008. Although January is typically our highest volume month, this significant increase compares favorably to our 14% procedure volume increase in January 2008 versus December 2007."

    Straus added, "We are building on a strengthened infrastructure based on the many processes and procedures put in place since November 2006. We have professionalized the operations of LCA-Vision, taking us from a start-up enterprise to an industry leader. We have a leadership team with deep expertise in healthcare, expense and cash man
    '/>"/>

    SOURCE LCA-Vision Inc.
    Copyright©2009 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

    Related medicine news :

    1. Law Offices of Howard G. Smith Announces Class Action Lawsuit Against LCA-Vision Inc.
    2. LCA-Vision Announces Upcoming Investment Community Events
    3. LCA-Vision Reports Fourth Quarter and Full-Year 2007 Financial Results
    4. LCA-Vision Announces Quarterly Dividend Payment
    5. LCA-Vision Announces the Opening of its 74th LasikPlus Vision Center in Des Moines, Iowa
    6. LCA-Vision Announces the Opening of its 75th LasikPlus(R) Vision Center in Tulsa, Oklahoma
    7. LCA-Vision Announces the Opening of its 76th LasikPlus(R) Vision Center in Woodbridge, New Jersey
    8. LCA-Vision to Present at the Bank of America 2008 Health Care Conference
    9. LCA-Vision Conducts 2008 Annual Stockholder Meeting
    10. LCA-Vision Announces Upcoming Investment Community Events
    11. LCA-Vision Announces CFO Change
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:8/21/2014)... Dallas, TX (PRWEB) August 21, 2014 ... August 20 entertained residents with dementia at Silverado Turtle ... Improv Troupe, which consists of entertainers ranging from ages ... each time they perform their 40-minute set. The troupe's ... makes it universal and allows them to touch audiences ...
    (Date:8/21/2014)... low or very low birth weight may be at ... findings, which appear in Diabetes Care , may ... diabetes in African American populations, which has a high ... University,s Slone Epidemiology Center followed more than 21,000 women ... course of 16 years, analyzing characteristics such as birth ...
    (Date:8/21/2014)... 21, 2014 (HealthDay News) -- Not only is eating better ... them hundreds of health-care dollars a year, a new study ... of public health sciences at Wake Forest Baptist Medical Center ... obese type 2 diabetes patients. Participants ranged ... to either an intensive "lifestyle change program" focused on diet ...
    (Date:8/21/2014)... Thompson HealthDay Reporter ... of therapy and antidepressants appears to best help people ... Four out of five people suffering from severe ... when treated with cognitive therapy plus antidepressant medication, researchers ... work much better than drugs alone in helping people ...
    (Date:8/21/2014)... 21, 2014 A new study published ... increase in disability associated with speech problems from 2001-02 ... than 15% increase in disability associated with hearing problems. ... rising numbers of children who are experiencing communication disorders, ... , On a broader level, the new study, ...
    Breaking Medicine News(10 mins):Health News:Unicorn Clearance Improv Troupe Brings Laughter to Residents with Dementia at Silverado Memory Care 2Health News:Low birth weight linked to higher incidence of type 2 diabetes in African American women 2Health News:Getting Healthier a Big Money-Saver for People With Diabetes 2Health News:Talk Therapy Plus Meds May Be Best for Severe Depression 2Health News:Talk Therapy Plus Meds May Be Best for Severe Depression 3Health News:New Pediatrics Study Reveals Dramatic Increase in Speech Problems in Children Over Past Decade 2Health News:New Pediatrics Study Reveals Dramatic Increase in Speech Problems in Children Over Past Decade 3
    ... some, addiction grabs hold quickly , , MONDAY, Oct. 1 (HealthDay ... drag a teen into smoking addiction, a new study suggests. ... tried smoking said their first cigarette brought them a feeling ... to become smokers. , "This provides further support for the ...
    ... first study to assess the stability of three aspects ... an increased risk of mortality in short sleep, long ... study published in the October 1 issue of the ... MD, PhD, of the Finnish Institute of Occupational Health ...
    ... (miRNA), better known for its roles in cancer, could ... HIV, the AIDS virus, evades detection, hiding in the ... have shown that when an individual infected with HIV ... (highly active antiretroviral therapy), the virus calls on miRNAs ...
    ... have identified a heart protection mechanism in mice that ... improve treatments for patients in future. , The research, ... Critical Care Medicine, was funded by the British Heart ... Physiology at the University of Bristol, and his colleagues ...
    ... saving lives, experts say , SUNDAY, Sept. 30 (HealthDay ... emergency care system responses to ensure that stroke patients ... So concludes a new policy statement from the American ... reduce the risk of death and disability in stroke ...
    ... FORT LAUDERDALE, Fla., Sept. 29 The North ... true magnitude of its,experience and commitment to Broward ... a name which truly reflects its,mission. The North ... The collective strength of its talented network of ...
    Cached Medicine News:Health News:First Puff Can Turn Kids Into Smokers: Study 2Health News:First Puff Can Turn Kids Into Smokers: Study 3Health News:First Puff Can Turn Kids Into Smokers: Study 4Health News:Both short and long sleep is associated with increased mortality 2Health News:MicroRNAs may be key to HIV's ability to hide, evade drugs, Jefferson scientists find 2Health News:New research suggests hearts are experts at self-preservation 2Health News:Communities Can Speed Stroke Care 2Health News:Broward Health: New Name Draws on Collective Strength of Experience 2
    (Date:8/21/2014)... HAMBURG, Germany , Aug. 21, 2014 /PRNewswire/ ... collaborating with Deutsches Elektronen-Synchrotron ( DESY ), a leading ... to speed up management and storage of massive volumes ... Analytics architecture based on IBM software defined technology ... data at peak performance and help scientists worldwide gain ...
    (Date:8/21/2014)... -- ACI Clinical ( www.aciclinical.com ) announces a new, ... Using this solution, trial sponsors can save ... and receive the same expertise that has made ... Leveraging a decade of DMC experience (initial ... programming and meeting facilitation), ACI analyzed DMC member ...
    (Date:8/21/2014)... WOONSOCKET, R.I. , Aug. 21, 2014 CVS ... early tender results, applicable Reference Yields and consideration payable in ... Offers") commenced on August 7, 2014 for (1) any and ... and All Notes") and (2) up to a maximum amount ... due 2041 and 5.750% Senior Notes due 2017 (collectively, the ...
    Breaking Medicine Technology:DESY and IBM Develop Big Data Architecture for Science 2DESY and IBM Develop Big Data Architecture for Science 3ACI Clinical: Innovation and Savings in Data Safety Monitoring Committees 2CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 2CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 3CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 4CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 5CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 6
    ... Comfort fit large designer ... adjustable strap bridge providing a ... on the nose. The head ... for custom fit. The acrylic ...
    ... Constructed of optical steel base metal with ... provides enhanced durability. Includes adjustable non-slip silicon ... Metalite comes with custom fitted lead sheet ... the front lenses for increased scatter radiation ...
    All New Ultra Pb Series Glasses...
    ... Stylish and comfortable eye protection Properly ... 90% of scatter radiation. Our high quality ... and comfort with minimized weight. Our lenses ... optics that meet all industry standards. Most ...
    Medicine Products: