March 20, 2003
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TLC Vision increases revenue, procedure volume

TORONTO — For the 3-month period ending Dec. 31, 2002, TLC Vision increased its laser procedure volumes to 37,700 from 18,100 the previous year. Total net revenues for the 2002 period were $40.7 million, compared to $27.1 million the previous year.

For the 7-month period ending Dec. 31, 2002, the company recorded total net revenues of $100.2 million, up from $70.3 million during the prior year comparable period.

Results do not include the prior year operations of LaserVision, which TLC purchased in May 2002.