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STAAR Surgical Reports 33% Third Quarter Revenue Growth
Date:10/28/2008

26, 28, 26, 28,

2008 2007 2008 2007

Net sales $18,112 $13,629 $56,737 $43,478

Cost of sales 7,654 6,859 26,990 22,176

Gross profit 10,458 6,770 29,747 21,302

General and administrative: 3,480 2,868 11,441 9,581

Marketing and selling 6,514 5,775 20,627 17,223

Research and development 1,890 1,743 5,965 4,987

Loss on settlement of pre-existing

distribution arrangement - - 3,850 -

Total selling, general and

administrative expenses: 11,884 10,386 41,883 31,791

Operating loss (1,426) (3,616) (12,136) (10,489)

Other expense, net (585) (409) (706) (880)

Loss before provision (benefit) for

income taxes (2,011) (4,025) (12,842) (11,369)

Income tax provision (benefit) 239 (195) 893 339

Net loss $(2,250) $(3,830) $(13,735) $(11,708)

Basic and diluted loss per share $(0.08) $(0.13) $(0.47) $(0.42)

Weighted average shares outstanding 29,490 29,374 29,489 27,993

STAAR Surgical Company

Global Sales

(in 000's)

Unaudited

Three Months Ended Nine Months Ended

September September September September

26, 28, 26, 28,

Geographic Sales 2008 2007 % Change 2008 2007 % Change

United States $4,746 $4,739 0.1% $14,468 $14,991 -3.5%

Germany 5,844 5,742
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SOURCE STAAR Surgical Company
Copyright©2008 PR Newswire.
All rights reserved

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