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Biotech / Medical : Keravision(kera)

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To: Jeff Vayda who wrote (218)8/16/1999 12:03:00 PM
From: Nine_USA  Read Replies (1) of 338
 
RE STAA (referenced in prior post)

Business Summary

STAAR Surgical Company develops, manufactures and distributes foldable intraocular lenses, and medical devices used in
connection with cataract surgery. For the three months ended 4/2/99, total revenues increased 5% to $14.8 million. Net income
decreased 60% to $673 thousand. Revenues benefitted from increased sales of the Company's refractive products particularly the
Implantable Contact Lens(TM). Earnings were offset by increased cost of sales and S/G/A expenses.

Recent Earnings Announcement

For the 3 months ended 07/02/1999, revenues were 14,774; after tax earnings were 787.
(preliminary; reported in thousands of dollars)
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