Weekly profile.STAAR STAAR Second Time Around Aussie Rescue, Inc. (Bryan, TX) STAAR Space Technology Applications Astronomy & Rocket Research (Scottish Rocket Programme) SURGICAL COMPANY Symbol: STAA STAA Surface Transportation Assistance Act of 1982 STAA Short Term Assignment Allowance Exchange: NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Close: $7.77 1-WK % Chg: 6.9% Business Overview STAAR Surgical Co., incorporated in 1982 and reincorporated in 1986, is a developer, manufacturer and global distributor of products used by ophthalmologists and other eye care professionals to improve or correct vision in patients with refractive refractive capacity to refract light. refractive error a difference between the focal length of the cornea and lens, and the length of the eye, resulting in myopia or hyperopia. conditions, cataracts and glaucoma. The Company operates in three business segments within the area of ophthalmology: cataract surgery Cataract Surgery Definition Cataract surgery is a procedure performed to remove a cloudy lens from the eye; usually an intraocular lens is implanted at the same time. Purpose The purpose of cataract surgery is to restore clear vision. , glaucoma surgery and refractive surgery. Within each of its segments, STAAR also sells other instruments, devices and equipment that it manufactures or that are manufactured by others in the ophthalmic industry. Income Statement LTM * 2003 Summary Revenue $51.2 $50.5 Headquarters: Monrovia Operating Loss (6.5) (6.1) Market Cap: $143.1 million Net Loss (8.7) (8.4) Dividend Yield: None EPS ($0.48) ($0.47) P/E Ratio: NA ** * Latest twelve months ended March 2004 ** Company not profitable |
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