Navigation Links
STAAR Surgical Provides Outlook on Third Quarter 2011 Revenue and Cash
Date:10/20/2011

MONROVIA, Calif., Oct. 20, 2011 /PRNewswire/ -- STAAR Surgical Company (NASDAQ: STAA) today provided an outlook on its financial results for the third quarter ended September 30, 2011. The Company is providing this information prior to the issuance of final results on Monday, October 24, 2011 in order to facilitate communications with its sales team, investors and other attendees of the American Association of Ophthalmology (AAO) Annual Meeting which begins tomorrow and continues through Tuesday in Orlando, FL.  All preliminary financial information is unaudited and the normal review by the Company's outside auditors is not yet completed.

Revenue for the third quarter is expected to be $15.3 million, which is 16% higher than the revenue generated in the third quarter of 2010.  The growth was driven by a 31% increase in Visian ICL sales.  Gross margin percentage continued to expand from both the prior year and prior quarter as a result of increased ICL mix and improved margins in both ICLs and IOLs.  The Company estimates that it generated approximately $2.5 million in cash from operations during the third quarter and will end the quarter with approximately $16.9 million in cash on its balance sheet, which is a record high for the Company.  

"The 16% revenue growth fueled by a 31% increase in Visian ICL sales marks another terrific result from the execution of our strategy to focus on high margin Visian ICL products," said Barry G. Caldwell, President and CEO.  "With the expanded range of treatments available with our V4b ICL launched in European markets, we can now effectively compete for all LASIK procedures as we saw with the overall continued strong acceptance and momentum of ICLs during the third quarter.  In October we began shipments of the next generation V4c with new CentraFLOW™ technology utilizing the KS-AquaPORT™
'/>"/>

SOURCE STAAR Surgical Company
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. STAAR Surgical Reports Progress on Japan Application for Approval of Visian Toric Implantable Collamer® Lens (TICL)
2. STAAR Surgical to Present at the 2011 Canaccord Genuity Growth Conference
3. STAAR Surgical Reports 19% Revenue Growth Second Quarter
4. STAAR Surgical Reports First Quarterly Profit from Continuing Operations Since 2000
5. STAAR Surgicals nanoFLEX™ Collamer® IOL Receives CE Mark Approval
6. STAAR Surgical Launches Second Phase of Visian ICL Direct-to-Consumer Advertising Campaign
7. STAAR Surgical Enters Into Distribution Agreement With Ellex in Australia
8. STAAR Surgical Announces Fourth Quarter 2010 Revenue Expected to Exceed $14.2 Million
9. STAAR Surgicals Visian® ICL Surpasses 200,000 Implants
10. STAAR Surgical Reports Continued Double Digit Core Revenue Growth
11. STAAR Surgical Launches New Visian ICL™ Product Line Extensions at ESCRS
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/1/2015)... FRANCISCO , July 1, 2015 ... market) is expected to reach USD 49,119.2 million by ... Research, Inc. Monitoring services is expected to remain the ... of USD 1,227.5 million in 2012, and an estimated ...      (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ) , Browse ...
(Date:6/30/2015)... Scotland , July 1, 2015 ... joins Nu C ana team   ... ProTide technology to develop and commercialise a portfolio of ... Chris McGuigan as Chief Scientific Officer. ... ProTide technology. He is currently Professor of Medicinal Chemistry ...
(Date:6/30/2015)... , June 30, 2015 Velos, Inc., the ... continues to grow and add customers who receive Clinical ... the 62 CTSAs awarded by the National Institutes of ... management. This is among the largest such market shares ... in the CTSA community keeps growing as a result ...
Breaking Medicine Technology:mHealth Market Worth $ 49,119.2 Million By 2020: Grand View Research, Inc. 2mHealth Market Worth $ 49,119.2 Million By 2020: Grand View Research, Inc. 3mHealth Market Worth $ 49,119.2 Million By 2020: Grand View Research, Inc. 4mHealth Market Worth $ 49,119.2 Million By 2020: Grand View Research, Inc. 5Internationally Renowned Medicinal Chemist Professor Chris McGuigan Appointed as NuCana's Chief Scientific Officer 2Internationally Renowned Medicinal Chemist Professor Chris McGuigan Appointed as NuCana's Chief Scientific Officer 3Velos continues adding CTSA customers - 40% now use Velos products 2
... 2011 The Mobile Dog Heart Health Tour is heading ... health examinations at Dreher Dog Park. From 1 to 5 ... on-site heart screenings in a soundproof medical unit, as well ... (Photo:   http://photos.prnewswire.com/prnh/20110127/CG37759 ) Since early 2009, veterinarians ...
... Lotus Pharmaceuticals, Inc. (OTC Bulletin Board: LTUSD) ("Lotus" or ... of medicine and drugs in the People,s Republic of ... investor interest, the Company has obtained land price guidance ... wishes to provide additional details regarding its 2008 purchase ...
Cached Medicine Technology:Vets to Provide Free Dog Heart Checks in West Palm Beach 2Vets to Provide Free Dog Heart Checks in West Palm Beach 3Lotus Pharmaceuticals Provides Inner Mongolia Land Price Guidance from Cha You Qian Qi Government 2
(Date:7/1/2015)... ... July 01, 2015 , ... B. E. Smith, the only ... a national chief nursing officer recruitment for Capital Health in ... industry, B. E. Smith has recently placed more than 1,000 healthcare executives into organizations. ...
(Date:7/1/2015)... Carlsbad, CA (PRWEB) , ... July 01, 2015 , ... ... Eye Examination Kit (Peek) smartphone app to test eyesight was just as accurate as ... London School of Hygiene and Tropical Medicine is responsible for the development of the ...
(Date:7/1/2015)... ... July 01, 2015 , ... Northbound Treatment Services ... of Referral Relations. , Emily originally entered the behavioral healthcare industry as ... implemented unique academic curriculum for clients to engage in their educational journey while ...
(Date:7/1/2015)... Vancouver, British Columbia (PRWEB) , ... ... ... over 600,000 residents in the communities of southeast Alabama, southwest Georgia and ... its partnership with TelmedIQ as its primary secure text messaging and clinical ...
(Date:7/1/2015)... ... July 01, 2015 , ... Foot and Ankle Specialists ... Division ) participated in the annual Howard County Family Wellness Day event at Centennial ... and included wellness screenings, activities for children, free workout demonstrations, and more. Drs. ...
Breaking Medicine News(10 mins):Health News:Capital Health Retains B. E. Smith to Recruit New Chief Nursing Officer 2Health News:Capital Health Retains B. E. Smith to Recruit New Chief Nursing Officer 3Health News:New Research Shows Reliability of Peek Eye Testing Mobile App 2Health News:New Research Shows Reliability of Peek Eye Testing Mobile App 3Health News:Northbound Treatment Services Welcomes Emily Orrick as Director of Referral Relations 2Health News:Southeast Alabama Community Health System Chooses TelmedIQ to Meet Secure Text Messaging Challenges for Healthcare 2Health News:Foot and Ankle Specialists of the Mid-Atlantic, LLC Promotes Healthy Living 2Health News:Foot and Ankle Specialists of the Mid-Atlantic, LLC Promotes Healthy Living 3
... Queen,s University-led study do not have an influenza pandemic plan ... addition, key players were not involved in developing the plans, ... enough just to have a plan, you have to test ... in an emergency," says Dick Zoutman, Queen,s professor of Community ...
... , , WELLESLEY, Mass. ... campaign to build awareness of the continued use of asbestos in ... asking students across the United States to use their creativity ... "the largest manmade public health crisis in history" according to the Asbestos ...
... 10, 2010 Robert W. Mahley, MD, PhD, president ... Research!America,s 2010 Builders of Science Award. The award ... president, guiding its growth to become one of ... its groundbreaking basic science and substantial impact on ...
... Scientists working with mice identify delay in key brain ... report they,ve gained greater understanding of fragile X syndrome, ... brain circuitry of mice. , The researchers, whose findings ... Neuron , say they,re developing insights into why some ...
... , PUYALLUP, Wash. , Feb. ... stimulus and the American Recovery and Reinvestment Act became ... digital imaging and data management integration project with interoperability ... dividends for MINW patients even after the completion of ...
... towards Vancouver for the 2010 Winter Olympics, The Physiological ... with a special issue exploring the biological and environmental ... "When most people think about these games we ... said co-editor Mike White from the University of Birmingham, ...
Cached Medicine News:Health News:Nationwide Video Search Kicks off Ban Asbestos Campaign 2Health News:Nationwide Video Search Kicks off Ban Asbestos Campaign 3Health News:Nationwide Video Search Kicks off Ban Asbestos Campaign 4Health News:Gladstone's Robert Mahley to receive Research!America advocacy award 2Health News:Medical Imaging Northwest Completes Phase I of Its Healthcare IT Integration to Maintain Patient Care Improvements 2Health News:Medical Imaging Northwest Completes Phase I of Its Healthcare IT Integration to Maintain Patient Care Improvements 3Health News:Exploring the limits: Understanding the challenges facing Winter Olympic champions 2
The first book to translate key medical data into clear guidelines capturing the highest treatment standards for heart disease....
DxRxValv contains tables and figures to summarize important clinical data and current professional society recommendations. This handy manual details precise, up-to-date information for diagnosis and...
... Dx/Rx: Coronary Thrombosis now ... which facilitate transformation of ... from static images into ... tools. Details precise, up-to-date ...
Cardiology Intensive Board Review is geared specifically to candidates taking the Cardiovascular Boards and the Cardiovascular section of the Internal Medicine Boards....
Medicine Products: