Advanced Medical Optics, Inc.
Ophthalmic device firm reports 13.5% increase in revenue
Published in Healthcare Finance, Tax and Law Weekly, March 24th, 2004
Net revenue in the fourth quarter rose 13.5% over the same period last year to $167.0 million, reflecting solid sales gains in the company's ophthalmic surgical and eye care businesses and favorable foreign currency exchange rates. On a pro forma basis, net income for the fourth quarter of 2003 was $10.4 million, or $0.34 per diluted share, compared to $9.5 million, or $0.33 per diluted share in the year-ago quarter.
For the full year, net revenue was $601.5 million, up 11.8% compared to 2002. Excluding the effect of currency, revenue...
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