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Stock impact report

STAAR Surgical Reports First Quarter 2024 Results

STAAR Surgical Company (STAA) 
Last staar surgical company earnings: 2/26 04:01 pm Check Earnings Report
Company Research Source: Business Wire
EVO ICL™ Continues to Outpace Refractive Industry GrowthRecord Quarterly U.S. Sales and Multiple Strategic Agreements SecuredReiterates Fiscal 2024 Net Sales Outlook and Increases Adjusted EBITDA LAKE FOREST, Calif.--(BUSINESS WIRE)--STAAR Surgical Company (NASDAQ: K), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer® Lenses (EVO ICL™) for myopia, astigmatism and presbyopia, today reported financial results for the first quarter ended March 29, 2024.First Quarter 2024 OverviewNet sales up 5% to $77.4 million and up 7% in constant currencyICL sales up 9% and units up 2%Gross margin at 78.9% vs. 78.3% year agoNet loss of $3.3 million or $0.07 loss per share vs. net income of $2.7 million or $0.05 income per share year agoAdjusted EBITDA of $5.3 million or $0.11 per share vs. $10.0 million or $0.20 per share year agoRecord cash, cash equivalents and investments available for sale of $252.1 million at March 29, 2024“Our first quarter results illu Show less Read more
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