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Pastimes : Home on the range where the buffalo roam
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To: Pedro Joaristi who wrote (12913)4/25/2004 2:03:42 PM
From: Pedro Joaristi  Read Replies (1) of 13815
 
ANYONE FOLLOWING THIS ONE? JUST BREAKING OUT:
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LCA-Vision Inc. (LCA) is a developer and operator of fixed-site, laser vision correction centers under the brand name LasikPlus. The Company's vision centers provide the staff, facilities, equipment and support services for performing laser vision corrections that employ advanced laser technologies to help correct nearsightedness, farsightedness and astigmatism. LCA utilizes fixed-site excimer lasers manufactured by Bausch & Lomb, VISX and Alcon. Its vision centers are supported mainly by full-time, board-certified ophthalmologists and optometrists, as well as other healthcare professionals. The ophthalmologists perform the laser vision correction procedures in the Company's vision centers, and either ophthalmologists or optometrists generally carry out the pre-procedure evaluations and post-procedure follow-ups in-center. LCA has performed over 300,000 laser vision correction procedures in its vision centers in the United States and Canada since 1991.
For the fiscal year ended 12/31/03, total revenues rose 32% to $81.4 million. Net income totaled $7.3M vs. a loss of $3.8 million. Revenues reflect the increase in the average price per procedure performed. Earnings also benefited from improved gross margins, the elimination of warrant compensation expenses and more efficient media buying.
Pedro
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