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LCA-Vision Reports Third Quarter 2008 Financial Results

her as a result of new information, future events or circumstances, or otherwise.

About LCA-Vision Inc./LasikPlus(R)

LCA-Vision Inc., a leading provider of laser vision correction services under the LasikPlus(R) brand, operates 77 LasikPlus(R) fixed-site laser vision correction centers in 33 states and 59 markets in the United States and a joint venture in Canada. Additional Company information is available at and .

Earning Trust Every Moment.

Transforming Lives Every Day.

LCA-Vision Inc.

Condensed Consolidated Statements of Operations (Unaudited)

(Dollars in thousands except per share data)

Three Months Ended Nine Months Ended

September 30, September 30,

2008 2007 2008 2007

Revenue -- Laser refractive

surgery $37,397 $74,584 $171,147 $222,933

Operating costs and expenses

Medical professional and license

fees 8,201 12,344 34,222 37,738

Direct costs of services 17,686 23,304 62,532 72,399

General and administrative

expenses 4,869 4,637 15,914 15,225

Marketing and advertising 8,294 17,208 43,744 50,100

Depreciation 4,508 2,961 13,375 7,758

Operating (loss) income (6,161) 14,130 1,360 39,713

Equity in earnings from

unconsolidated businesses 132 244 453 598

Net investment (loss) income

SOURCE LCA-Vision Inc.
Copyright©2008 PR Newswire.
All rights reserved

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