Recap: Staar Surgical Q1 Earnings

Staar Surgical (NASDAQ:STAA) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM. Here’s what…

Staar Surgical (NASDAQ:STAA) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

Staar Surgical beat estimated earnings by 800.0%, reporting an EPS of $0.18 versus an estimate of $0.02.

Revenue was up $10.33 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 9.24% drop in the share price the next day.

Here’s a look at Staar Surgical’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.05 0.13 0.13 0.08
EPS Actual 0.14 0.37 0.42 0.29
Revenue Estimate 64.21M 74.95M 80.12M 60.53M
Revenue Actual 64.04M 76.05M 81.10M 63.20M

To track all earnings releases for Staar Surgical visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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