LZRCF reported phenomenal growth in the last quarter. LCAV should be doing the same soon! And since LCAV does about 1/3 as many procedures as LZRCF......shouldn't that put the price of the stock at $6.00+?
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Wednesday June 3, 12:36 pm Eastern Time
Company Press Release
TLC Reports Fourth Quarter Procedure Volumes - Strong Sequential Growth Continues
MISSISSAUGA, Ontario--(BUSINESS WIRE)--June 3, 1998--TLC The Laser Center Inc. (TSE: LZR - news; NASDAQ: LZRCF - news) announced today its fourth quarter and year-end procedure results.
Over 13,900 procedures were performed at TLC centers in the fiscal fourth quarter, which includes just 6 weeks of BeaconEye activity, or 1,301 procedures. This is up 48 percent from last quarter and is 268 percent of last year's fourth quarter total. The increase in procedures was primarily driven by same-store growth in TLC centers as only one new center was opened in May. More than 35,800 paid procedures were performed in fiscal 1998 at TLC as a whole, which is 258 percent of the fiscal 1997 total.
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