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Glaukos Announces First Quarter 2024 Financial Results

Glaukos Corporation (GKOS) 
Last glaukos corporation earnings: 2/27 04:15 pm Check Earnings Report
Company Research Source: Business Wire
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Glaukos Corporation (NYSE: GKOS), an ophthalmic pharmaceutical and medical technology company focused on novel therapies for the treatment of glaucoma, corneal disorders and retinal diseases, today announced financial results for the first quarter ended March 31, 2024. Key highlights include:Record net sales of $85.6 million in Q1 2024 increased 16% year-over-year.Glaucoma record net sales of $67.2 million in Q1 2024 increased 20% year-over-year.Corneal Health net sales of $18.4 million in Q1 2024 increased 4% year-over-year.Gross margin of approximately 76% and non-GAAP gross margin of approximately 83% in Q1 2024.Raised 2024 net sales guidance to $357 to $365 million, compared to $350 million to $360 million previously.“Our record first quarter results reflect successful global execution of our key strategic plans,” said Thomas Burns, Glaukos chairman and chief executive officer. “We continue to successfully advance our robust pipeline of no Show less Read more
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