AP NEWS
Click to copy
Click to copy

Staar Surgical: 2Q Earnings Snapshot

July 31, 2019

LAKE FOREST, Calif. (AP) _ Staar Surgical Co. (STAA) on Wednesday reported second-quarter profit of $3.9 million.

The Lake Forest, California-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.

The maker of implantable lenses posted revenue of $39.7 million in the period.

Staar Surgical shares have dropped 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.31, a decline of 5% in the last 12 months.

_____

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

All contents © copyright 2019 The Associated Press. All rights reserved.