Here is why the stock is not moving.
Laserscope - San Jose, Calif.
2nd Quar June 30:
a 1997 1996
Revenues $15,207,000 $8,481,000
Net income 756,000 251,000
Avg shares 12,994,000 7,657,000
Shr ern (primary)
Net income .06 .03
6 months:
Revenues 30,970,000 16,203,000
Net income 1,637,000 388,000
Avg shares 13,017,000 7,512,000
Shr ern (primary)
Net income .13 .05
a. Includes the results of Heraeus Surgical, acquired in August 1996, and those of NWL Laser-Technologie GmbH, acquired June 13, 1997.
In addition to the acquisitions, the company said the operating improvement reflects reduced operating expenses and the strengthening of distribution channels.
Laserscope designs, makes and sells medical laser systems and related energy delivery devices.
Research Analysts' Earnings Estimates and Actuals
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Consensus estimate for current fiscal year ( 12/97 ) : $ 0.38 per share
Consensus estimate for next fiscal year ( 12/98 ) : $ 0.50 per share
Consensus estimate for current quarter ( 06/97) : $ 0.08 per share
Last quarter's actual earnings :$ 0.07 per share
Last quarter's EPS Surprise: 17 % |
