May 01, 2015
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STAAR reports decrease in net sales in first quarter
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STAAR Surgical reported $18.9 million in net sales in the first quarter 2015, a 7% decrease from $20.2 million in the first quarter of the previous year, according to a press release.
The decline in sales was 3% after a constant currency basis adjustment.
International sales comprised 85% of first quarter net sales.
Net loss was $2.3 million, or $0.06 per diluted share, in the first quarter 2015 compared with a net loss of $1.4 million, or $0.04 per diluted share, in the first quarter 2014.
Operating expenses totaled $14.4 million, a 5% decline from $15.2 million in the previous year.