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Monday, April 13, 2020

STAAR Surgical pulls 2020 guidance amid COVID-19

Citing COVID-19 disruptions, STAAR Surgical (NASDAQ:STAA) is withdrawing its outlook for fiscal 2020.
STAAR expects Q1 total net sales to be ~$34.9M, up ~7% Y/Y.
COVID-19 negatively impacted Q1 sales by ~$4M.
Q1 ICL unit growth is expected to be up ~9%.
The company expects to report complete Q1 financial results on or about May 6.
https://seekingalpha.com/news/3560075-staar-surgical-pulls-2020-guidance-amid-covidminus-19

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