Navigation Links
STAAR Surgical Generates Cash From Operations During Second Quarter
Date:8/3/2009

MONROVIA, Calif., Aug. 3 /PRNewswire-FirstCall/ -- STAAR Surgical Company (Nasdaq: STAA), a leading developer, manufacturer and marketer of minimally invasive ophthalmic products, today reported that it generated $286,000 in cash from operating activities during the second quarter. The cash generation marked the first time since the first quarter of 2003 that the company generated cash from operating activities. This milestone was made possible due to improvement in sales mix and the significant progress in the management of operating expenses and working capital. That progress also contributed to the positive EBTIDA reported during the quarter and year to date, which STAAR has not achieved since the first quarter of 2003.

Second Quarter Financial Highlights

  • Cash provided by operating activities was $286,000, compared to cash used in operating activities of $2.8 million during the second quarter of 2008. This reflects continuous improvement for the past six quarters as shown below:

         Cash Provided by (Used in) Operating Activities (000's)
        Q1 2008     Q2 2008    Q3 2008   Q4 2008   Q1 2009    Q2 2009
         $(3,370)   $(2,760)   $(1,107)   $(991)    $(448)     $286

  • Global sales for the second quarter were $19.1 million, or $19.8 million on a constant currency basis, as compared to $20.7 million during the second quarter of 2008. Global sales for the second quarter of 2009 were impacted by the Company's decision in late 2008 to de-emphasize sales of low margin products. Sales of these lower margin products declined by 23.5% or $1.5 million during the second quarter.
  • Gross profit margin w
    '/>"/>

SOURCE STAAR Surgical Company
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

Related medicine news :

1. STAAR Surgical to Present at BMO Capital Markets 9th Annual Focus on Healthcare Conference in New York
2. Review of STAARs Application for the Visian(R) Toric Implantable Collamer(R) Lens by FDA to Resume
3. Review of STAARs Application for the Visian(R) Toric Implantable Collamer(R) Lens by FDA to Resume
4. STAAR Surgical Announces Second Quarter 2009 Earnings Release Date And Conference Call
5. Richard A. Meier Appointed to STAAR Surgical Board of Directors
6. STAAR Surgical Completes Common Stock Offering
7. STAAR Surgical Receives Japanese Clearance for the KS-Ni Preloaded IOL Injector System
8. STAAR Surgical Announces First Quarter 2009 Earnings Release Date and Conference Call
9. STAAR Surgical Reports 14% Fourth Quarter Revenue Growth
10. STAAR Surgical Forms Team of Leading Ophthalmic Surgeons to Study the Use of Collamer(R) Material for Accommodating Intraocular Lenses
11. STAAR Surgical Reports 33% Third Quarter Revenue Growth
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/1/2014)... Ontraport , one of the latest ... to automate the small intricacies of managing an online ... prompting an investigative review. , “As a new ... all of the small details involved with running a ... “That’s why Ontraport has become so popular in this ...
(Date:9/1/2014)... Pastor Thompson is an ordained minister and ... He is a licensed minister through the Church of the ... years in New Mexico, Colorado and North Dakota. He and ... year. He also has two beautiful daughters, Brianna, 22 ... Ministry from Nazarene Bible College, in Colorado Springs and is ...
(Date:9/1/2014)... 2014 This Flash Report ... perspectives on stakeholder management needs ... flash report to speak with Heartbeat Experts ... product:, ,     Position clinically meaningful ... market ,     Understanding stakeholder interactions with ...
(Date:8/31/2014)... (PRWEB) August 31, 2014 The FDA ... Nutrition Facts label. If adopted, the proposed changes would ... addition of “added sugars” on the label, and a ... to keep “added sugars” off the label. NutriGold fully ... consumers make healthier food choices. “After 20 years, it's ...
(Date:8/31/2014)... Mesa, Arizona (PRWEB) August 31, 2014 For ... ragweed is likely the culprit. Ragweed is the most common ... percent of Americans. , The most common symptoms of ragweed ... and throat, and sneezing. Ragweed allergy can also lead to ... ragweed allergies should consult an allergist about allergy immunotherapy - ...
Breaking Medicine News(10 mins):Health News:Ontraport: Review Exposes Automated Platform for Online Marketing Management 2Health News:Download HeartBeat Experts White Paper: Stakeholder Management for new Diabetes Products 2Health News:NutriGold Supports the FDA's Call for an Updated Nutrition Facts Label 2Health News:NutriGold Supports the FDA's Call for an Updated Nutrition Facts Label 3Health News:NutriGold Supports the FDA's Call for an Updated Nutrition Facts Label 4Health News:AllergyEasy Announces Success Helping Patients Build Immunity To Autumn Ragweed Pollens With Under-the-tongue Drops 2Health News:AllergyEasy Announces Success Helping Patients Build Immunity To Autumn Ragweed Pollens With Under-the-tongue Drops 3
... to really pan out, expert warns , , THURSDAY, June 26 ... an immune response to an investigational vaccine lived twice as ... research shows. , "If you were an immune responder, you ... Dr. Susan Domchek, an associate professor of medicine at the ...
... Superior Efficacy to Avastin at Improving Visual Acuity When, ... Percent Patient Share, ... from Decision Resources, WALTHAM, Mass., June 26 ... firms focusing on pharmaceutical and,healthcare issues, finds that Genentech/Novartis,s ...
... MINNEAPOLIS, June 26 ACM today announced ... Bryngelson as the company,s new,Executive Vice President ... development, operations, and client service management, Ms.,Bryngelson ... components of,ACM,s infrastructure -- including technology, call ...
... Home Medical,Equipment, Inc. (Pink Sheets: SHMM) announced today ... has completed its seventh,staffing agreement and is aggressively ... and CEO of parent company Southern Home Medical,stated, ... team has far,exceeded their own expectations in their ...
... 26 "The time is right and the,wording is ... "This bill recognizes the God-given Right to Life of ... will end the slaughter of,innocent children.", S.3111, introduced ... is scheduled for debate in the Senate Committee on ...
... Therapeutics (Prime),announced today the hiring of Jerry Steffl ... for developing Prime,s position on,policy issues at both ... approach to government affairs both internally and with ... Prime,s lobbying,efforts with industry associations and trade groups, ...
Cached Medicine News:Health News:Breast Cancer Vaccines Look Promising 2Health News:Breast Cancer Vaccines Look Promising 3Health News:Because of Its Ability to Generate Higher Total Sales in the United States and Europe, Lucentis Will Earn Clinical Gold Standard Status by 2011 for the Treatment of Diabetic Retinopathy 2Health News:ACM Adds Top Industry Executive to Its Leadership Team 2Health News:Encore Medical Staffing of Greenville Signs Seventh Staffing Agreement 2
(Date:8/29/2014)...   Vittamed Corporation , a neurodiagnostics medical device company ... T. (Teo) Forcht Dagi , MD, DmedSc, MPH, MBA, ... " Teo Forcht Dagi is an ... and venture capital," said Remis Bistras , President and ... clinical, strategic, and entrepreneurial expertise to our Board." ...
(Date:8/29/2014)... WASHINGTON , Aug. 29, 2014 Diseases ... a generation ago are returning. Measles was declared ... cases in 2014 as of August 15—the highest incidence ... public health department declared whooping cough a problem ... children are getting sick and dying from these preventable ...
(Date:8/29/2014)... , Aug. 29, 2014 /PRNewswire-iReach/ -- ChemImage will ... the Australian and New Zealand Forensic Science Society,s ... Sciences in Adelaide, Australia . ... concerning the advancements that hyperspectral imaging can bring ... Jeffrey Beckstead , Director of Product Development at ...
Breaking Medicine Technology:Vittamed Adds Prominent Neurosurgeon and Venture Capitalist T. Forcht Dagi to Board of Directors 2Vaccines at the Crossroads: Outbreaks On the Rise Across America 2Vaccines at the Crossroads: Outbreaks On the Rise Across America 3ChemImage to Discuss Hyperspectral Imaging for Forensic Investigation at the ANZFSS 22nd International Symposium on the Forensic Sciences 2ChemImage to Discuss Hyperspectral Imaging for Forensic Investigation at the ANZFSS 22nd International Symposium on the Forensic Sciences 3
... leading Clinical Research Organization, will exhibit at the 61st ... Liver Diseases, The Liver Meeting®, being held 30 October ... Representatives from PRA,s Infectious Diseases Research Center and ... discuss our expertise in hepatitis B & C as ...
... ANN ARBOR, Mich., Oct. 28 Adeona Pharmaceuticals, Inc., (AMEX: ... hold its Annual Shareholders Meeting on Tuesday, November 2, from ... 3930 Varsity Drive, Ann Arbor, MI, 48108. ... S. Kuo, M.D., M.B.A., will give an update on the ...
Cached Medicine Technology:PRA International to Exhibit at Liver Diseases Conference 2
Irrigation pump for arthroscopy....
... in Arthroscopy. Ease of use and superior ... the 10k Fluid System unique. , ,The ... maintains intra-articular pressure, while providing instantaneous flow ... when used for Laparoscopy, provides instantaneous fluid ...
... CD / DVD Burner captures still ... to 50 patient archives allows for ... future retrieval. The unit provides software ... for easy playback and editing. Compatible ...
... The new MicroLux® Digital Video Recorder gives you ... and store your surgical cases. THE DVR is ... life-like presentations. With its convenient mouse and footswitch, ... procedure you need - no more hours of ...
Medicine Products: