Skip to Content
AP National Business

Staar Surgical: Q4 Earnings Snapshot

KION
By
Published 1:15 PM

LAKE FOREST, Calif. (AP) — LAKE FOREST, Calif. (AP) — Staar Surgical Co. (STAA) on Tuesday reported fourth-quarter net income of $5.9 million.

The Lake Forest, California-based company said it had profit of 12 cents per share. Earnings, adjusted for one-time gains and costs, were 14 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The maker of implantable lenses posted revenue of $64 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $64.4 million.

For the year, the company reported profit of $38.8 million, or 78 cents per share. Revenue was reported as $284.4 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STAA at https://www.zacks.com/ap/STAA

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KION 46 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content