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

ulatory approval is expected during the third quarter.

North America (NA)

  • NA increased revenues by 9% while units increased 13% with a 3% decline in price.
  • Sales in the U.S. grew 10% while units grew 15% in a market with increasing evidence that LASIK procedures are declining or flat at best.
  • A major corporate provider of LASIK procedures reported their refractive procedures declined 10% in the U.S. during Q2 based upon their belief that new flexible spending account guidelines are having a negative impact on elective surgeries.
  • Recent Intraocular Lens (IOL) Highlights

  • Second quarter IOL sales were $5.9 million as compared to $6.8 million during the second quarter of 2012.  The negative impact of foreign exchange was $827,000 for IOLs.
    Without the impact of foreign exchange, global IOL revenue would have declined by approximately 1% on a constant currency basis.
  • IOL gross margin declined from 60% in the second quarter of 2012 to 55% in the current quarter.  This was driven primarily by the negative impact of foreign exchange as the preloaded silicone IOLs are cost based in U.S. dollars and primarily sold in yen.  If not for this impact the gross margin would have remained at the 60% level for the quarter.
  • IOLs represented 32% of total sales in the second quarter of 2013, compared to 43% of total sales in the same period of the prior year.
  • The Company ended the quarter with approximately $1.2 million in backorders from European customers which is a 30% increase over the backorders at the end of the first quarter.  The Company's supplier of acrylic IOLs has been unable to meet the high demand for the new KS IOL products, but is working to increase supply during the second half of the year.
  • IOL sales in Japan represented 57% of all IOL revenues and 45% of all IOL units. During the quarter there was a 15% increase in units as compared to the
    '/>"/>

  • 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:10/25/2014)... -- According to a survey by KLAS, an independent research ... earned the number one ranking in the medical and/or ... Key" report. The survey of 247 customers of various ... to take a commanding lead over their competitors." MOSAIQ ... said they would buy again and 96 percent confirmed ...
    (Date:10/25/2014)... , Oct. 24, 2014 Research ... "Dental Equipment Market Current Trends, Opportunities - Global Forecast ... In this report, the global dental equipment market ... The dental systems and equipment market is expected to ... market during the forecast period (2014 to 2019). This ...
    (Date:10/25/2014)... Oct. 24, 2014 Advanced Photonix ® (NYSE ... 26, 2014) financial results on Monday, November 10, 2014. A ... the close of the market and the Company will host ... 4:30 p.m. EDT on the same day. Participating ... and Director), Rob Risser (COO and Director), and ...
    Breaking Medicine Technology:Elekta's MOSAIQ oncology information system ranks number one in KLAS Oncology 2014 report 2Elekta's MOSAIQ oncology information system ranks number one in KLAS Oncology 2014 report 3Dental Equipment Market Current Trends, Opportunities - Global Forecast to 2019 2Dental Equipment Market Current Trends, Opportunities - Global Forecast to 2019 3Advanced Photonix to Webcast Fiscal 2015 Second Quarter Earnings 2
    ... , WALTHAM, Mass., ... the global authority on medical technology market intelligence, Japan,s ... created a significant lag in peripheral vascular stenting device ... MRG,s new Japanese Markets for Peripheral Vascular ...
    ... , FORT COLLINS, Colo., Dec. 14 Manchester Pharmaceuticals, ... (chenodiol tablets). On October 22, 2009, the US ... therapy for patients suffering from gallstones in whom surgery ... advanced age. , Chenodal prescriptions have started to be ...
    Cached Medicine Technology:Japanese Peripheral Vascular Stent Procedures to Experience 11% Growth Through 2014 2Japanese Peripheral Vascular Stent Procedures to Experience 11% Growth Through 2014 3Manchester Announces Availability of Chenodal(TM) 2
    (Date:10/25/2014)... 25, 2014 Homeowners that are wondering ... bad’ need wonder no more. Clean Crawls gives ... watch out for when it comes to insulation in ... the article released by Clean Crawls, can cause problems ... any insulation that has deteriorated, become damp, or been ...
    (Date:10/25/2014)... Oct. 24, 2014 (HealthDay News) -- Interrupting blood supply to ... reduce the risks associated with the surgery, according to a ... stop the blood supply to the heart to be able ... the heart will reduce its ability to produce energy because ... flow to another large muscle, such as an arm or ...
    (Date:10/25/2014)... large influx of international aid is needed, and soon, ... of deaths from the widening Ebola crisis, a team ... specially designed mathematical model, the researchers looked at the ... populated county of hard-hit Liberia -- Montserrado County, home ... said that if international aid isn,t delivered to Liberia ...
    (Date:10/22/2014)... October 22, 2014 At a time ... among parents and athletes at all levels, the ... change the current discussion where two powerful messages are ... therapies that result in full recoveries every day. , ... based in fact and research, UPMC and the Concussion ...
    (Date:10/22/2014)... Isabel Healthcare will participate ... (ASAHP) Conference on October 22-24 in Las Vegas, NV. ... a panel discussion on Technology in Health Professions Education ... a diagnostic decision support tool and clinical education platform ... students and clinical learners. The Isabel tools help clinicians ...
    Breaking Medicine News(10 mins):Health News:5 Signs Indicating That Insulation Needs Replacing as Told By Clean Crawls in Recent Article 2Health News:Brief Interruption of Blood Supply to Limb Might Aid Heart Surgery: Study 2Health News:Experts Predict 'Catastrophic' Ebola Epidemic in West Africa if Aid Delayed 2Health News:University of Pittsburgh Medical Center Launches Initiative to Emphasize Concussions Are Treatable 2Health News:University of Pittsburgh Medical Center Launches Initiative to Emphasize Concussions Are Treatable 3Health News:University of Pittsburgh Medical Center Launches Initiative to Emphasize Concussions Are Treatable 4Health News:Isabel Healthcare to Participate in The Association of Schools of Allied Health Professions (ASAHP) 2014 Conference 2
    ... January 5, 2011 The new edition of ... by Research!America, demonstrates increasing public support for research and ... economy. However, nearly 60% of Americans don,t believe we ... don,t believe the U.S. has the best health care ...
    ... -- By gluing together cells from different genomes to form ... chimeric monkeys. In the report published online and ... said the monkeys, who are made up of as many ... successfully implanting these genetically mixed rhesus monkey embryos into mothers, ...
    ... By Dennis Thompson HealthDay Reporter , THURSDAY, ... many people as an annoying and painful but ultimately harmless ... be endured, much like a hangover after a night of ... a real medical condition known as gastroesophageal reflux disease, or ...
    ... (HealthDay News) -- More than half of U.S. jails didn,t ... of H1N1 swine flu, a new study says. Jail ... infectious diseases. The steady stream of new arrivals can introduce ... makes it easy for diseases to spread, researchers from the ...
    ... DALLAS -- Low levels of vitamin D have been ... psychiatrists working with the Cooper Center Longitudinal Study. It ... undertaken. Low levels of vitamin D already are ... diseases to neurological ailments. This new study published ...
    ... Jan. 5 (HealthDay News) -- Toddlers who miss daytime naps ... life, a new study indicates. Researchers looked at toddlers ... them of a single daily nap resulted in more anxiety, ... "Many young children today are not getting enough sleep, ...
    Cached Medicine News:Health News:Majority of Americans say research and development are key to building US economy 2Health News:Scientists Create First Monkeys With Mixed Genomes 2Health News:Chronic Heartburn a Growing Problem in U.S. 2Health News:Chronic Heartburn a Growing Problem in U.S. 3Health News:Many Jails Got No Flu Shots During H1N1 Outbreak: CDC 2Health News:Low vitamin D levels linked to depression, UT Southwestern psychiatrists report 2Health News:Missed Naps Could Put Toddlers at Risk for Mood Disorders 2
    ... Chrono-log's wide range of Platelet aggregometers ... to meet particular needs. Single, dual ... with chart recorder outputs or digital ... Chrono-log Optical aggregometers, which measure platelet ...
    ... a four channel platelet aggregation profiler combined ... in conjunction with Microsoft WindowsTM, the PAP-4CD ... tests, automatic storage of test results, plus ... test modes are available: chromogenic assays, von ...
    ... plus, innovation means 4 on-board measurement ... and im-proved operator ergonomics. This supports ... required for true workload consolidation, leading ... only one analytical platform, one user ...
    ... Advia 2400 has minimal ... (as low as 2 ... (40 L/hour) thus maximizing ... universal rack handler facilitates ...
    Medicine Products: