Navigation Links
STAAR Surgical Reports 10% Second Quarter Revenue Growth
Date:7/31/2014

e have both consolidated pre-tax losses and tax provisions in foreign jurisdictions with pre-tax profits.

Adjusted net income (excluding manufacturing consolidation expenses, distribution transition expenses in Spain, gain (loss) on foreign currency transactions, fair value adjustment of warrants, stock-based compensation expense and Toric ICL FDA panel expenses) for the quarter ended July 4, 2014 was $0.3 million, or $0.01 per share versus adjusted net income for the year ago quarter of $1.8 million, or $0.05 per diluted share. 

The GAAP net loss for the first half of 2014 was $3.1 million or $0.08 on a per diluted share basis, compared with a net income of $0.7 million, or $0.02 on a per diluted share basis, in the first half of 2013.  Adjusted net income (excluding manufacturing consolidation expenses, distribution transition expenses in Spain, gain (loss) on foreign currency transactions, fair value adjustment of warrants, stock-based compensation expense and Toric ICL FDA panel expenses) for the first half of 2014 was $1.9 million, or $0.05 per share versus adjusted net income for the year ago first half of 2013 at $5.0 million, or $0.13 per diluted share. 

Cash and cash equivalents at July 4, 2014 totaled $19.2 million. During the quarter, the Company used $1.5 million in cash for operating activities including: $1.0 million to build inventory to support the potential U.S. launch of the TICL and the Preloaded ICL for EU launch.

Recent Visian Implantable Collamer® Lens (ICL) Highlights.

  • Sales grew 8% globally during the second quarter and were driven by an increase of 9% in the Company's target markets. Average selling price increased 3% driven by mix and new product introductions.
  • Procedures grew globally 5% in the second quarter, the same rate of growth in the target markets.
  • In the more than 60 markets where the TICL is available, second quarter sales of TICL represented
    '/>"/>

  • SOURCE STAAR Surgical Company
    Copyright©2014 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 23 24 25 26 27 28 29 30 31

    Related medicine technology :

    1. STAAR Surgical Celebrates Over 300,000 Successful Visian® ICL Implants at ASCRS Congress
    2. STAAR Surgical Announces First Quarter 2012 Results Release Date and Conference Call and Webcast
    3. B. Riley Revises Timing of STAAR Surgical Presentation at Investor Conference
    4. STAAR Surgical To Present At The Benchmark And Jefferies Investor Conferences
    5. STAAR Surgical Provides Outlook On Second Quarter 2012 Financial Results
    6. STAAR Surgical Reports Second Quarter 2012 Financial Results
    7. STAAR Surgical To Present At The 32nd Annual Canaccord Growth Conference
    8. STAAR Surgical Expands Footprint for Growth with Lease on Adjacent Building in Monrovia, California
    9. STAAR Surgical Builds Leadership Team to Drive Growth Opportunities
    10. STAAR Surgical Appoints Charles Slacik To Its Board Of Directors
    11. STAAR Surgical Reports Third Quarter 2012 Financial Results
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:1/23/2015)... , Jan. 23, 2015  Today the U.S. Food and ... for the prevention of serogroup B meningococcal disease ... Pfizer,s vaccine Trumenba®, which received FDA approval in October, ... devastating disease. "I have heard over ...
    (Date:1/23/2015)... lot of discussion in the medical community revolves around figuring ... conditions. As medical science advances, doctors and surgeons often feel ... consider to be more cutting edge. Yet, when it comes ... treatment that stands out as the best solution in all ...
    (Date:1/23/2015)... , Jan. 23, 2015  The Partnership to Fight Chronic Disease (PFCD) ... health care leaders and a new study analyzing the impact of ... is a nationwide coalition working to educate policy makers and the ... the Capitol was focused on how the Iowa ...
    Breaking Medicine Technology:The National Meningitis Association (NMA) Applauds FDA Approval of Second Vaccine To Protect Against Serogroup B Meningococcal Disease 2No One-Size-Fits-All Remedy for Hernia Correction 2New research shows Iowa health exchange would benefit from improvements 2New research shows Iowa health exchange would benefit from improvements 3
    ... , CLEVELAND, Nov. 30 DATATRAK International, Inc. (OTCQX: ... solutions for the clinical trials industry, today announced that PFC ... PFC will now have the ability to contract for DATATRAK,s ... product suite. In addition, PFC will also have access ...
    ... Breast-Specific Gamma Imaging (BSGI) has been proven to be ... carcinoma in situ (DCIS), a difficult to diagnose breast cancer. ... lesions independent of tissue density and discover very early stage ... of the Radiological Society of North America (RSNA), BSGI is ...
    Cached Medicine Technology:PFC Pharma Joins DATATRAK's CRO Connect Program 2PFC Pharma Joins DATATRAK's CRO Connect Program 3PFC Pharma Joins DATATRAK's CRO Connect Program 4Breast-Specific Gamma Imaging Proves Highly Sensitive for the Detection of Ductal Carcinoma In Situ 2
    (Date:1/22/2015)... Lynchburg, Va. (PRWEB) January 22, 2015 Liberty ... Health Counseling (M.A.) program from the Council for ... The program, part of Liberty’s Center for Counseling & ... Hawkins, founding dean of the university’s new School of Behavioral ...
    (Date:1/22/2015)... Woodloch Pines, an all-inclusive family resort ... TripAdvisor as the number one best large hotel for families ... world for their annual Travelers’ Choice Awards. , TripAdvisor ... website is home to millions of unbiased and honest traveler ...
    (Date:1/22/2015)... a seasoned and trusted leader who consistently delivers trendy dresses ... it lead the wedding dress industry into the future. Today, ... the global market. , “The CEO of VogueQueen is uniquely ... continuing the goal of operational excellence and giving back to ...
    (Date:1/22/2015)... Blue Cross and Blue Shield of Minnesota ... it means to “Live Fearless.” , The “Faces ... their stories about how they or someone they know has ... living in the moment. By telling these types of stories ...
    (Date:1/22/2015)... Juvent Sports ( http://www.juventsports.com ) and David Leadbetter ... to bestow a Juvent Sports Achievement award upon an ... The award commemorated and congratulated McKitrick for her record ... her first amateur tournament in 1979 and most recently ...
    Breaking Medicine News(10 mins):Health News:Liberty University's Resident Master’s Counseling Program Receives CACREP Accreditation 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 3Health News:VogueQueen Unveils New Designs of Prom Dresses for 2015 2Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 3
    ... University and pediatric specialists at Baylor College of Medicine have ... as passkeys that allows drugs to enter cancer cells. ... of the journal Organic and Biomolecular Chemistry. ,All ... Cell walls, or membranes, form a protective cocoon around the ...
    ... that attacks healthy young people and can kill within 24 hours.// ... attempts to find a cure for the virulent disease, PVL-MRSA, that ... responsible for two deaths in Britain, experts fear we are in ... massive death toll if the superbug took hold in hospitals. ...
    ... particular brain region predicts whether people tend to be ... Medical Center study were published in the Sunday, Jan ... ,"Although understanding the function of this brain region may ... it may give clues to the origins of important ...
    ... researchers from Wake Forest University School of Medicine, Radiation Therapy ... tamoxifen can dramatically reduce the risk of both cancer recurrence ... ,"While these treatments are standard care for ... are less likely to receive them," said lead author Ann ...
    ... youngsters are contracting tuberculosis, especially those in their 20s, due ... according to a report. ,Last year about ... ,According to the report of the Korea ... in 2006, an average of 115 people per day. ...
    ... control over choosing their breast cancer surgeon were more likely ... at a hospital affiliated with an accredited cancer program, compared ... health plan, according to a study led by researchers at ... study looked at 1,844 women recently diagnosed with breast cancer ...
    Cached Medicine News:Health News:Buckyballs Used as 'Passkey' into Cancer Cells 2Health News:Activation of a Particular Brain Region Predicts Altruism: Study 2Health News:Cancer Recurrence in Older Breast Cancer Patients Reduced By Radiation Therapy 2Health News:More Youngsters Get Tuberculosis 2Health News:Are Women Seeing the Most Experienced Breast Cancer Surgeons? 2
    ... Gel Bed dimensions: 7.5cm(w) x 10cm(l). ... casting in the unit. Gel bed ... blue, yellow, pink, purple, or green. ... and dual sided combs, and Flip-Lid versions ...
    ... Submerged horizontal gels offer many advantages ... a primary tool for the molecular biologist. ... readily dissipate heat. These gels allow sample ... by wicks or sample well dehydration. Horizontal ...
    ... with 7 x 10 cm tray and ... gel electrophoresis of nucleic acids in mini ... The system includes an electrophoresis cell, 7 ... gates, mini-gel caster, and two 1.5 mm ...
    ... cell GT system, with 7 x ... submerged horizontal gel electrophoresis of nucleic ... 10 cm agarose gels. The system ... 10 cm UV-transparent gel tray, casting ...
    Medicine Products: