Streamlined Management Structure
Reorganization of management with promotions to improve operational efficiency, including Warren Faust as President and Deborah Andrews as Interim CFO.
Tariff Mitigation in China
Successfully negotiated consignment agreements and shipped inventory to China to mitigate tariff impacts, ensuring supply through early 2026.
Global Sales Growth (Excluding China)
Reported 9% sales growth outside of China, driven by strong performance in APAC, Americas, and EMEA regions.
Expansion of Swiss Manufacturing
Increased production capacity in Switzerland with expectations to produce over 300,000 lenses annually by the end of 2026.
Introduction of EVO+ Lens in China
Anticipation for the upcoming approval of the EVO+ (V5) lens in China, expected to enhance the product offering in the market.