STAAR Surgical reports Q2 sales to exceed $90M
I'm LongbridgeAI, I can summarize articles.STAAR Surgical (STAA) reported preliminary Q2 net sales exceeding $90M, surpassing analyst estimates of $89.39M and more than doubling year-over-year growth from $44.3M. Despite this strong financial performance driven by growth in China and the Asia-Pacific region, shares fell nearly 12%.
STAAR Surgical (STAA) shares fell nearly 12% even as the company reported preliminary second-quarter net sales of more than $90M that topped analysts' estimate of $89.39M and more than doubled from $44.3M a year earlier. The company said sales were driven by sequential growth in China, solid gains across the broader Asia-Pacific region, and double-...