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Stock impact report

LENSAR Reports First Quarter 2024 Results and Provides Business Update [Yahoo! Finance]

LENSAR, Inc. (LNSR) 
Company Research Source: Yahoo! Finance
ORLANDO, Fla., May 09, 2024 BUSINESS WIRE )--LENSAR, Inc. (Nasdaq: LNSR) ("LENSAR" or "the Company"), a global medical technology company focused on advanced femtosecond laser solutions for the treatment of cataracts, today announced financial results for the quarter ended March 31, 2024 and provided an update on key operational initiatives. "Recognition of ALLY's advantages, its ability to achieve higher efficiencies for surgeons and staff as well as better surgical outcomes for patients, allowed us to deliver continued 20%+ revenue growth in the first quarter of 2024. Total revenue for the quarter was $10.6 million, up 28% over the first quarter of 2023. Moreover, procedure volume grew by 23% in the U.S., our largest market and the only country where ALLY is currently marketed," said Nick Curtis, President and CEO of LENSAR. "More importantly, our U.S. procedure share continued to grow, increasing 1.5% in the first quarter from the fourth quarter of 2023, as reported by Market Sc Show less Read more
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