Lensar reports Q2 EPS (15c) vs (79c) last year

Reports Q2 revenue $13.935M vs $12.636M last year. “Our second quarter results reflect the continued, strong momentum of ALLY with 18 systems placed in the quarter and an additional 18 systems in backlog. Moreover, we continued to see strong procedure growth, with worldwide procedure volumes increasing 23% over second quarter 2024 levels,” said Nick Curtis, President and CEO of LENSAR (LNSR). “In parallel with our strong operational performance, the proposed merger with Alcon continues to progress. As previously announced, the proposed merger was overwhelmingly approved at a special meeting of our stockholders held last month. At that meeting, over 80% of our outstanding shares were voted, with over 99% of the votes cast in favor of the transaction. We are working cooperatively with the U.S. Federal Trade Commission to respond to its request for additional information and continue to expect the transaction to close by the end of this year. On behalf of the entire management team, I want to extend a thank you to our stockholders for their overwhelming support of this transformative deal.”