LENSAR Reports Fourth Quarter and Full Year 2023 Results and Provides Business Update
LENSAR, Inc. (LNSR)
Company Research
Source: Business Wire
44 ALLY® Adaptive Cataract Treatment Systems were placed in 2023, significantly exceeding the target of 30, increasing the ALLY installed base to 54 and a backlog of 9 additional systems as of December 31, 2023Total revenue increased 18% in the fourth quarter and 19% over full year 2022 ORLANDO, Fla.--(BUSINESS WIRE)--LENSAR, Inc. (Nasdaq: LNSR) (“LENSAR” or the “Company”), a global medical technology company focused on advanced femtosecond laser solutions for the treatment of cataracts, today announced financial results for the quarter and full year ended December 31, 2023 and provided an update on key operational initiatives.“Our strong performance throughout 2023 continued in the fourth quarter, resulting in total revenue up 18% over the fourth quarter of 2022, with full-year revenue increasing 19%. We significantly exceeded our 2023 target of 30 ALLY placements, with 15 systems placed in the fourth quarter alone, marking the highest number of installations in a quarter since AL
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LNSR
News
- We Think LENSAR (NASDAQ:LNSR) Can Afford To Drive Business Growth [Yahoo! Finance]Yahoo! Finance
- LENSAR Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)Business Wire
- LENSAR, Inc. (NASDAQ: LNSR) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $8.00 price target on the stock.MarketBeat
- LENSAR, Inc. (NASDAQ:LNSR) Just Reported Earnings, And Analysts Cut Their Target Price [Yahoo! Finance]Yahoo! Finance
- LENSAR, Inc. (NASDAQ:LNSR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LNSR
Sec Filings
- 3/25/24 - Form ARS
- 3/25/24 - Form DEFA14A
- 3/25/24 - Form DEF
- LNSR's page on the SEC website