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Article: Laser vision correction systems manufacturer reports financial results.
- Article from:
- Health & Medicine Week
- Article date:
- May 17, 2004
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2004 MAY 17 - (NewsRx.com & NewsRx.net) -- VISX, Incorporated, (EYE) announced financial results for the first quarter ended March 31, 2004.
First quarter revenues increased 27% to $43.8 million from $34.4 million for the comparable period of the prior year. Net income increased 115% to $11.8 million, or $0.23 per diluted share, compared with net income of $5.5 million, or $0.11 per diluted share, in the first quarter of 2003.
License revenue grew 65% from the first quarter of 2003, driven by higher sales of VISX's new CustomVue procedure and strong demand for laser vision correction. Laser vision correction procedure volume grew 20% over the prior ...