Navigation Links
STAAR Surgical Reports Second Quarter 2012 Financial Results
Date:8/1/2012

MONROVIA, Calif., Aug. 1, 2012 /PRNewswire/ -- STAAR Surgical Company (NASDAQ: STAA), a leading developer, manufacturer and marketer of minimally invasive ophthalmic products, today reported that sales of its Visian ICL product in the second quarter ended June 29, 2012 increased 4% to $8.6 million.  Total revenue was $15.9 million, down 2% from $16.3 million in the second quarter of 2011.  Gross margin of 69.3% was 250 basis points above the 66.8% margin in the second quarter of 2011.  The year over year gross margin improvement continues to reflect the increased contribution of Visian ICL sales and margin improvement in IOLs based on increased prices and lower cost.

Net loss, calculated in accordance with GAAP, was $491,000, or $(0.01) per share, compared with net income of $861,000, or $0.02 per diluted share, in the second quarter of 2011.  Adjusted net income (excluding manufacturing consolidation expenses, gain (loss) on foreign currency transactions, fair value adjustment of warrants, and share-based compensation expense) for the quarter ended June 29, 2012 was $1.0 million, or $0.03 per diluted share.  Adjusted net income for the year ago quarter was $1.4 million, or $0.04 per diluted share.  Cash and cash equivalents at June 29, 2012 totaled $17.5 million. 

"As we reported earlier in July, our nine consecutive quarters of year over year growth was interrupted during the second quarter due to the unusual combination of three sales limiting dynamics," said Barry Caldwell, President and CEO. "The shortfall to revenue expectations was about $2 million.  One half of that came from China where refractive procedures were flattened due to very negative media focus on the complications of LASIK.  China is a market in which we have experienced tremendous growth over the past two and a half years.  We've seen this dy
'/>"/>

SOURCE STAAR Surgical Company
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

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. First Patient Treated in U.S. Clinical Study of Cohera Medicals TissuGlu® Surgical Adhesive
7. Bausch + Lomb Names John Barr Global President Surgical
8. Surgical Information Systems Recognizes Clients for Financial, Clinical, and Operational Improvements
9. Millennium Surgical Corp. Announces Sales Figures, Growth
10. Swiss Engineering for Surgical Perfection
11. Millennium Surgical Corp. Develops Online Sterilization Resource Center
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/1/2015)... 1, 2015   Intarcia Therapeutics, Inc. today ... as Vice President, Human Resources, reporting directly to ... a new key member of the senior leadership team, ... Leadership Team to assure the Company advances its business, ... its core values and its dynamic culture. Another essential ...
(Date:5/1/2015)... MOUNTAIN VIEW, Calif. , May 1, 2015 /PRNewswire/ ... the United States launch of ... an integrated, fast and easy system for exosome collection ... International Society for Extracellular Vesicles ("ISEV") Annual Meeting, April ... , D.C.  Both products are intended for research use ...
(Date:5/1/2015)... Following yesterday,s release of Center for Medicaid and Medicare services ... need to know: ... programs. , As ... of Medicare and other government programs because it relies on ... drug benefits to enrollees. , Competition and rebates have ...
Breaking Medicine Technology:Intarcia Appoints James P. Brady Vice President, Human Resources 2Intarcia Appoints James P. Brady Vice President, Human Resources 3Intarcia Appoints James P. Brady Vice President, Human Resources 4New Products for Exosome Isolation to mRNA Purification 25 Things to Know About the CMS Part D Data Release 25 Things to Know About the CMS Part D Data Release 3
... (DMC) achieved significant improvements in patient safety and quality ... in costs last year, thanks to efficiencies created by ... nearly all of the DMC,s patient health information via ... in the DMC system, it was the second year ...
... Life Initiative -- STOCKHOLM, August 30, 2010 ... ... var shortURL ... longUrl, so we need to grab the first one. for (var r in data.results) { first_result = ...
Cached Medicine Technology:Electronic Recordkeeping Boosts Patient Safety, Saves DMC More Than $5 Million - For Second Straight Year 2Electronic Recordkeeping Boosts Patient Safety, Saves DMC More Than $5 Million - For Second Straight Year 3Electronic Recordkeeping Boosts Patient Safety, Saves DMC More Than $5 Million - For Second Straight Year 4InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 2InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 3InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 4InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 5InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 6InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 7InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative 8
(Date:5/2/2015)... 2015 “ ActOn ” was featured on ... look at the latest and coolest applications on the market ... AppWatch and technology expert, conducted the app review and shared ... with organizations to make a difference. , In this material ... things that aren’t about money, which is why those things ...
(Date:5/2/2015)... “ Peachtree Audio ” was featured on NewsWatch ... the latest and coolest technology products available to consumers. ... NewsWatch, conducted the review and shared with viewers how ... is an important part of people’s lives – and ... royal treatment. Peachtree Audio does just that with high-end ...
(Date:5/2/2015)... ZoomCare, the Portland-based innovator of on-demand ... offer its new healthcare insurance to individuals and small ... Insurance System is the nation’s first health insurance system ... ZOOM+ Personal Health Insurance was ZoomCare’s first such filing ... subject to review and regulation by the Oregon Insurance ...
(Date:5/1/2015)... 01, 2015 Pioneer Millworks, the largest ... latest in their reclaimed wood products at the 27th ... Javits Center in NYC this May. Their newest offerings, ... much anticipated texture and color to North America's platform ... of texture and color in the design world and ...
(Date:5/1/2015)... TROY Healthcare Solutions is proud to ... Group (RUG) Conference in Atlanta, GA from May 6 ... Conference provides a forum for client-to-client presentations, continuing education ... of electronic medical record operations, as well as showcasing ... In addition to sponsoring the event, TROY Healthcare Solutions ...
Breaking Medicine News(10 mins):Health News:An Application to Help People Make a Difference Was Featured on NewsWatch Television 2Health News:Affordable High-End Audio Equipment was Featured on NewsWatch Television 2Health News:ZoomCare Applies to be on Oregon Exchange 2Health News:Intensely Textured Reclaimed Wood to be Unveiled at ICFF in NYC by Pioneer Millworks 2Health News:Intensely Textured Reclaimed Wood to be Unveiled at ICFF in NYC by Pioneer Millworks 3Health News:TROY Healthcare to Exhibit at the Cerner Southeast Regional User Group Conference 2Health News:TROY Healthcare to Exhibit at the Cerner Southeast Regional User Group Conference 3
... know how people become addicted and why they keep using ... 75 patients hospitalized for opioid detoxification told University at Buffalo ... pain. , Another 24 began with a friend,s left-over ... remaining 20 patients said they got hooked on street drugs. ...
... S) is a gas more commonly associated with the smell ... been shown to be present naturally in our bodies and ... in the cavities of joints that reduces friction between the ... may play a role in reducing inflammation in joints. ...
... 2010) -- Casual smokers may think that smoking a few ... new research from physician-scientists at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, ... may be doing more harm than people may think. The ... According to a new study published today in the ...
... at an increased risk of prostate cancer diagnosis because of ... genetic mutation that increases risk of the disease, according to ... of the National Cancer Institute. Family history ... other cancers and many epidemiological studies have shown an increased ...
... successful report of using cell-depleted lung as a natural growth ... is presented in a breakthrough article in Tissue Engineering ... Liebert, Inc. ( www.liebertpub.com ). The article is available free ... have the potential to mature into virtually any type of ...
... Steven Reinberg HealthDay Reporter , THURSDAY, Aug. 19 ... a massive recall of eggs linked to salmonella contamination dramatically ... The nationwide salmonella outbreak, which federal officials said was ... has sickened more than 250 people in at least four ...
Cached Medicine News:Health News:Drug addicts get hooked via prescriptions, keep using 'to feel like a better person,' research shows 2Health News:Drug addicts get hooked via prescriptions, keep using 'to feel like a better person,' research shows 3Health News:'Rotten eggs' gas and inflammation in arthritic joints 2Health News:'Rotten eggs' gas and inflammation in arthritic joints 3Health News:Cigarette smoke causes harmful changes in the lungs even at the lowest levels 2Health News:Brothers of prostate cancer patients undergo more diagnostic activities 2Health News:Natural lung material is promising scaffold for engineering lung tissue using embryonic stem cells 2Health News:Nationwide Recall of Eggs Linked to Salmonella Expanded 2Health News:Nationwide Recall of Eggs Linked to Salmonella Expanded 3
Finstruments 96 well washer and Cellwasher. Multi-function with touch programmable display....
... plus simple operation especially ... efficient washing of cells. ... with minimum loss of ... membrane bound labels and ...
The Finstrip 4 is an effective and reliable microplate washer offering high performance, simplicity and ease of use....
... PW 384 has set a standard for ... plates. The instrument not only processes all ... washing to further boost wash performance. This ... short wash times as no transport steps ...
Medicine Products: