Nova Eye Medical’s Glaucoma Sales Soar

Nova Eye Medical (AU:EYE) has released an update.

Nova Eye Medical reports a robust year in their Glaucoma Segment with a 37% year-on-year revenue growth, reaching A$27.7 million in the second half of FY24. The U.S. market saw a 73% increase in sales, contributing to the company’s fourth consecutive half-year of growth, with expectations of a significant improvement in second half operating results. Strategic expansion in the U.S. with additional field sales specialists has been credited for the improved sales and market coverage.

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