Navigation Links
Shamir Optical Industry Ltd. Reports Fourth Quarter and Year-End 2007 Results
Date:3/6/2008

mber 31, 2007, the Company had cash and cash equivalents, including short-term investments of $33.3 million.

Commenting on its fourth quarter results, Giora Ben-Ze'ev, Chief Executive Officer of Shamir, said, "Throughout 2007 Shamir made considerable operational progress in each of its markets. Our increased revenue is a strong reflection of the quality of Shamir's products and services, and a testament to our growing sales and marketing capabilities. During the year, we dedicated considerable resources to bolstering our ability to deliver the highest quality lenses and to further developing our relationships with our partners and customers. We are confident that the investments we have made in our people, technology and geographic expansion was money well spent, and better positions Shamir for long-term growth."

"Much of our strength during the quarter came out of our European and US operations, where we focused on building sales and marketing capabilities, establishing local management and controlling expense levels. We have recently begun to realize the benefits of these actions."

Mr. Ben-Ze'ev added, "Recently, we increased our interest in our lab in Mexico to approximately 51%, reflecting the strength of this operation and the opportunity we believe that exists in the country."

Mr. Ben-Ze'ev concluded, "Our revenue growth initiatives in 2007 have helped us gain additional market share and will support our future progress. Our geographic expansion program continues to gain momentum and we are working diligently to grow our operations in a controlled manner. We will continue to monitor our expense levels and remain committed to increasing profitability, while delivering quality and innovative progressive lenses, molds and technology solutions to our customers in 2008."

For the fiscal year ending on December 31, 2008, Shamir currently estimates its 2008 operations revenues growth in the range of 8%-14%, under the assumption of De
'/>"/>

SOURCE Shamir Optical Industry Ltd.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related medicine news :

1. Shamir Optical Industry Ltd. to Host Conference Call Announcing Fourth Quarter and Year End 2007 Earnings Results
2. Shamir Optical Industry Ltd. to Host Conference Call Announcing Third Quarter 2007 Earnings Results
3. Optical frequency comb can detect the breath of disease
4. Transitions Optical Promotes Healthy Sight Through a Nationwide Integrated Advertising Campaign and the Launch of an Enhanced Consumer Web Site
5. Optical Coherence Tomography Market to Top $800 Million by 2012
6. Kensey Nash Announces Exclusive License of Optical Guidance Patent to Enhance Chronic Total Occlusion Platform
7. Minority patients prefer optical colonoscopy for colorectal cancer screening
8. Optical scientist honored for understanding and improving vision
9. The Chartis Group Elects New Partners: Four Healthcare Industry Experts Promoted to Principal
10. E-Z-GO and Visiprise to Participate in New Product Introduction Event with IndustryWeek
11. Vallon Holdings, LLC Launches New Subsidiary Focused on Contract Resources for the Minneapolis-St. Paul Life Science Industry
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2014)... 23, 2014 Teen drug and alcohol ... no different in Wilmington, NC. Substance abuse can happen ... victim to drug and alcohol dependency in higher numbers ... to overcome substance abuse, but don’t know where to ... facility can be a challenge because most treatment options ...
(Date:8/23/2014)... Summer vacation is almost over and before we know it ... for school supplies and a new wardrobe might take precedence ... to also spend some time brushing up on bed bug ... in heavily populated places,” said Randy Rupert, Bed Bug Team ... settings for bed bugs to take up residence.” , An ...
(Date:8/22/2014)... IT manager of Top10BestSEOHosting.com is a web professional who ... recently announced that GoDaddy ( http://www.top10bestseohosting.com/go/GoDaddy.com/ ) is one ... is a popular supplier of cheap web hosting, and ... affordable rates. It offers three Linux shared hosting plans. ... the length of the contract. The longest contract length ...
(Date:8/22/2014)... Lynchburg, Va. (PRWEB) August 22, 2014 ... Center for Medical and Health Sciences , hosting ... the area’s top influencers in government and public welfare. ... University College of Osteopathic Medicine (LUCOM) joined Liberty ... building and the launch of the new medical school. ...
(Date:8/22/2014)... City, UT (PRWEB) August 22, 2014 ... published a new guide on Account-Based Health Plans. , ... plans (ABHPs) as a strategy to lower the cost ... different types of medical spending accounts, however, can be ... comparison chart to learn the four main types of ...
Breaking Medicine News(10 mins):Health News:Troubled Teens Wilmington Helpline Guides Adolescents to the Path of Recovery 2Health News:Expert Advice for a Bed Bug-Free School Year 2Health News:Liberty University Dedicates Its New Center for Medical and Health Sciences 2Health News:Liberty University Dedicates Its New Center for Medical and Health Sciences 3Health News:Liberty University Dedicates Its New Center for Medical and Health Sciences 4
... papillomavirus (HPV) could upset promising outcomes associated with In ... growth of warts, spread by the environment or by ... York Hospital-Cornell Medical Center discovered that women who tested ... conception through the IVF method, as compared to those ...
... United Kingdom is being nudged by a Swiss organization to ... that it can be considered for patients// suffering chronic mental ... Ludwig Minelli at the helm, is petitioning the Swiss Supreme ... "The question for politicians in Britain today is why do ...
... to high pollution levels can increase people’s susceptibility to stroke.// ... that the risk of stroke from pollution can more than ... heart problems are associated with the average daily amount of ... ,The findings of the study are published in Occupational ...
... study revealed that kids learning music acquire better memories, ... This study was conducted by// Laurel Trainor, professor of ... Ontario and her team. ,The study followed ... a music test after attending music classes for one ...
... entire world is a stage, and we are mere actors, echoed ... for those in the grips of this crippling disease, today on// ... is time to take the bull by its horns and evolve ... ,Alzheimer’s is a degenerative disease of the central nervous system ...
... revealed that vitamin shots may be beneficial in preventing severe ... there exists no effective treatment for the chronic progressive phase ... ,The Children's Hospital Boston study appearing in ... that giving them a type of vitamin B3 known as ...
Cached Medicine News:Health News:Stroke Linked to High Pollution Levels 2Health News:World Alzheimer’s Day: In Memory of Those With 'Memory Loss 2Health News:World Alzheimer’s Day: In Memory of Those With 'Memory Loss 3Health News:Vitamin Shots to Combat MS Pain 2
(Date:8/22/2014)... , Aug. 22, 2014  As the Medical ... sector, many leaders in this area are exploring methods ... The Medical Affairs Consortium at Best Practices, LLC ... for sharing insights about the key challenges they face. ... sharing solutions through three virtual roundtable discussions where leaders ...
(Date:8/22/2014)... 22, 2014 MC Medical, a subsidiary of Mitsubishi ... Columbus, OH medical device company, have formally ... and robotic visualization system in Japan . ... in Japan in the latter half ... an extensive product portfolio in endoscopic surgery market in ...
(Date:8/22/2014)... ., Aug. 22, 2014  Research presented at the ... therapy being developed by Hera Therapeutics Inc. combats three types ... of all cervical cancer. When tested in several ... HPV-18 and HPV-11 cells, according to Louise T. Chow ... the findings at the Seattle conference. ...
Breaking Medicine Technology:Best Practices' Medical Affairs Consortium Survey Has Achieved Strong Participation 2MC Medical agrees to be the exclusive distributor of FloShield products in Japan 2Study shows Hera Therapeutics experimental compound shuts down human papillomavirus that causes most cervical cancer 2
... HCS INTERACTANT is ... system. Financial applications include ... human resources and comprehensive ... financial applications are designed ...
... (Nitrogen) powder reagent once reconstituted offers the ... stability to help maximize laboratory productivity, minimize ... time. The patented technology of the Infinity ... shelf life and stability once reconstituted that ...
... The Infinity Triglycerides single liquid ... the convenience of single liquid stability ... operator error and provide quick result ... the Infinity Triglycerides reagent provides a ...
... Creatinine single liquid stable reagent offers ... single liquid stability to help maximize ... provide quick result turnaround time. The ... reagent provides a long shelf life ...
Medicine Products: