Advanced Medical Optics, Inc.
Medical device firm reports 28.1% increase in revenue
Published in Health Business Week, May 27th, 2005
Net earnings for the first quarter were $13.8 million, or $0.35 per fully diluted share, up 133%, compared to the same period last year. The rise is attributable to increased revenue and margin expansion. The first-quarter 2005 results also included a $0.01 benefit related to currency derivatives.
Net revenue for the first quarter rose 28.1%, including a 3.7% increase related to foreign currency, to $192.5 million, compared to the first quarter of 2004. The growth in revenue reflected...
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Source: Health Business Week (2005-05-27)
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