Staar Surgical: Q1 Earnings Snapshot : vimarsana.com

Staar Surgical: Q1 Earnings Snapshot


Staar Surgical: Q1 Earnings Snapshot
May 5, 2021
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LAKE FOREST, Calif. (AP) _ Staar Surgical Co. (STAA) on Wednesday reported first-quarter net income of $5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Lake Forest, California-based company said it had profit of 10 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 20 cents per share.
The maker of implantable lenses posted revenue of $50.8 million in the period.
Staar Surgical expects full-year revenue in the range of $215 million to $217 million.
Staar Surgical shares have climbed 57% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $124.60, more than tripling in the last 12 months.

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