Navigation Links
STAAR Surgical Reports Strong Second Quarter Financial Results
Date:7/31/2013

e been 71%.

Operating expenses for the second quarter of 2013 were $11.9 million, up 6.4% from the $11.2 million prior year period reflecting $613,000 in related charges associated with the Company's manufacturing consolidation project and a $293,000 increase in sales and marketing expenses driven by the additions to the Company's headcount throughout 2012. The effect of foreign currency exchange on overall operating expenses was a positive $505,000.

Income taxes increased to $599,000 during the second quarter of 2013 compared to $327,000 during the second quarter of 2012.  The overall tax rate was 68.3% during the quarter and the estimated tax rate for 2013 has been increased to 45% due to the Company's decision to extend the completion date of its manufacturing consolidation project to focus on meeting near term demand.  Additionally, the effective tax rate for the quarter was negatively impacted because under GAAP jurisdictions with losses are excluded from the calculation for interim reporting purposes.

GAAP net income for the second quarter of 2013 was $278,000, or $0.01 on a per diluted share basis, compared with net loss of $491,000, or $0.01 on a per diluted share basis, in the second quarter of 2012, a $769,000 improvement.  Adjusted net income (excluding manufacturing consolidation expenses, gain (loss) on foreign currency transactions, fair value adjustment of warrants, and stock-based compensation expense) for the quarter ended June 28, 2013 was $1.8 million or $0.05 per diluted share versus adjusted net income for the year ago quarter of $1.2 million or $0.03 per diluted share.  The reconciliation between GAAP and non-GAAP financial matters is provided with financial tables included with this release.

Cash and cash equivalents on June 28, 2013 totaled $19.7 million, compared to $19.2 million at the end of the first quarter of 2013.  Cash generation from operations during the quarter was $788,000, whi
'/>"/>

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 15 16 17 18 19 20

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:7/2/2015)... June 25, 2015 ... announced the addition of the "2015 ... Global Challenges, Emerging Technologies, Competitive Landscape" ... New Frontiers in Clinical Chemistry and Immunodiagnostics: ... a new seven-country strategic analysis of major ...
(Date:7/2/2015)... BGI gab heute bekannt, dass ... American College of Pathologists (CAP) akkreditiert wurde. ... klinische Next-Generation-Sequencing Labor, das in ... somit die höchsten Standards an klinischer Laborpraxis ... - 21 CFR Part 11 konformen Laborverfahren ...
(Date:7/2/2015)... 2015  The Commission for Certification in Geriatric ... organization that represents pharmacists in acute and ambulatory ... education for recertification of Certified Geriatric Pharmacists.  ASHP ... for this purpose.  ASHP will join the American ... the CCGP Professional Development Program. ...
Breaking Medicine Technology:New Frontiers in 2015 Global Clinical Chemistry and Immunodiagnostics Market: Challenges, Emerging Technologies, Competitive Landscape 2BGI erhält Akkreditierung vom College of American Pathologists (CAP) 2Commission for Certification in Geriatric Pharmacy Adds ASHP as Professional Development Program Provider 2
... Calif., Feb. 16, 2012  Alexza Pharmaceuticals, Inc. (Nasdaq: ... of its common stock and warrants to purchase shares of ... LLC is acting as the sole book-running manager in the ... conditions, and there can be no assurance as to whether ...
... 16, 2012  Watson Pharmaceuticals, Inc. (NYSE: WPI ... Paul Bisaro, Watson,s President and Chief Executive Officer, will ... at the Citi 2012 Global Healthcare Conference on Monday, ... The Waldorf Astoria in New York, New York.  The ...
Cached Medicine Technology:Alexza Announces Proposed Public Offering of Common Stock and Warrants 2Alexza Announces Proposed Public Offering of Common Stock and Warrants 3Alexza Announces Proposed Public Offering of Common Stock and Warrants 4Watson to Present at the Citi 2012 Global Healthcare Conference 2
(Date:7/4/2015)... ... ... gains access to someone’s email account, it can lead to all sorts of trouble, both ... issued a scam alert about a social engineering scam which cons a target into ... the hacker. All they have to do is click for a password reset and ...
(Date:7/3/2015)... ... July 03, 2015 , ... On June ... a new SEO training system called "Page One Engine" . The program, ... has received glowing reviews from several well-known marketers. HonestyFirstReviews.com's Tiffany Hendricks has joined ...
(Date:7/3/2015)... ... July 03, 2015 , ... B. ... has been retained to lead a national president recruitment for Regional ... the healthcare industry, B. E. Smith has recently placed more than 1,000 healthcare ...
(Date:7/3/2015)... ... July 03, 2015 , ... Talcum powder attorneys representing clients in national lawsuits ... Cancer Lawsuit Center website. Just as the previous version did, the new website will ... lawsuit updates and ovarian cancer warning information. The site is routinely updated with news ...
(Date:7/3/2015)... Texas (PRWEB) , ... July 03, 2015 , ... Yisrayl ... a new article this week that he says will reveal biblical truth and expose ... titled “Why Does Your Bible Say Don’t Have Sex”, immediately goes into the core ...
Breaking Medicine News(10 mins):Health News:New FTC Scam Alert Shows Latest Example of Social Engineering Dangers 2Health News:New FTC Scam Alert Shows Latest Example of Social Engineering Dangers 3Health News:New FTC Scam Alert Shows Latest Example of Social Engineering Dangers 4Health News:Page One Engine - Review Of Dori Friend's SEO Training Course Released 2Health News:Regional Care, Inc. Retains B. E. Smith to Recruit New President 2Health News:Regional Care, Inc. Retains B. E. Smith to Recruit New President 3Health News:Talcum Powder Lawsuit News: Cancer Attorneys Launch Updated Mobile Site 2Health News:Talcum Powder Lawsuit News: Cancer Attorneys Launch Updated Mobile Site 3Health News:Yisrayl Hawkins Explains What the Bible Really Says about Sex in New Publication This Week 2
... study , FRIDAY, July 10 (HealthDay News) -- Children ... increased risk for psychological problems, according to a British ... parents, and some research had suggested that a child ... to background information in a news release about the ...
... Fertel, Ruth,s Hospitality Group, Inc., the parent company of Ruth,s ... site of the Broad Street Ruth,s Chris Steak House to ... /Tulane Community Health Center, a neighborhood-based medical home that will ... to pay. The building will honor the ...
... 10 Hunters will see similar dove and early Canada ... 1, as part of Pennsylvania,s 2009-10 migratory bird seasons announced ... , , Dove hunters, once again, will have the ... season (Sept. 1-26), hunting will start at noon and close ...
... , AUSTIN, Texas, July 10 Nearly 500 emaciated, parasite-infested ... Texas on July 7. The dogs, confined in filthy, ... lobby defeated a bill in the Texas Legislature that would ... licensed by the state and meet at least a minimal ...
... Looking to reinforce its positioning as the city,s pre-eminent drugstore ... campaign that speaks to New Yorkers as only a born and ... city. Your drugstore. Duane Reade", the campaign will begin ... well as on phone kiosks, billboards and urban panels near rail ...
... NEW HAVEN, Conn., July 10 The American people continue to move ... survey by the Knights of Columbus and Marist Poll. , , ... identify as pro-life than as pro-choice, and that the vast majority of ... , , ...
Cached Medicine News:Health News:Stillbirth Not an Issue for Next-Born 2Health News:Ruth's Hospitality Group Inc. donates Broad Street building to Tulane 2Health News:Ruth's Hospitality Group Inc. donates Broad Street building to Tulane 3Health News:Dove and Early Canada Goose Seasons to Begin Sept. 1; Game Commission Posts Avian Influenza Information on Website 2Health News:Dove and Early Canada Goose Seasons to Begin Sept. 1; Game Commission Posts Avian Influenza Information on Website 3Health News:Dove and Early Canada Goose Seasons to Begin Sept. 1; Game Commission Posts Avian Influenza Information on Website 4Health News:Dove and Early Canada Goose Seasons to Begin Sept. 1; Game Commission Posts Avian Influenza Information on Website 5Health News:Dove and Early Canada Goose Seasons to Begin Sept. 1; Game Commission Posts Avian Influenza Information on Website 6Health News:Dove and Early Canada Goose Seasons to Begin Sept. 1; Game Commission Posts Avian Influenza Information on Website 7Health News:Texas Humane Legislation Network Calls for Puppy Mill Crackdown 2Health News:Duane Reade Dispenses a Large Dose of Marketing, as it Strengthens its Hometown Connection 2Health News:Duane Reade Dispenses a Large Dose of Marketing, as it Strengthens its Hometown Connection 3Health News:New Poll Shows Americans Continuing to Move Toward Pro-Life Position on Abortion 2
Help restore pelvic muscle function with the Prometheus Pathway CTS 2000 evaluation and training system....
... catheters with secondary sensors placed in the ... test also provides information about acid control ... stomach or proximal esophageal acid exposure and ... Ability to record pH simultaneously in up ...
... advance of digital imaging technology, pathology ... digital formats, allowing for easier manipulation, ... in digital pathology imaging is analogous ... radiology, and which is continuing to ...
... SONOLINE G40 ultrasound system brings,the benefits ... entirely new level of diagnostic performance,and ... that meets your clinical needs. With ... and pulsed-wave Doppler capabilities,the G40 system ...
Medicine Products: