AP NEWS

Staar Surgical: 3Q Earnings Snapshot

October 30, 2019 GMT

LAKE FOREST, Calif. (AP) _ Staar Surgical Co. (STAA) on Wednesday reported third-quarter earnings of $2.4 million.

On a per-share basis, the Lake Forest, California-based company said it had profit of 5 cents. Earnings, adjusted for non-recurring costs, came to 12 cents per share.

The maker of implantable lenses posted revenue of $39.1 million in the period.

Staar Surgical shares have fallen 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.93, a decrease of 27% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STAA at https://www.zacks.com/ap/STAA