Geographic WeaknessChina remained weak and declined year-over-year, resulting in lower than expected CVI APAC growth.
Market CompetitionCVI growth was behind competitor CY4Q24 prints for contact lenses, leading to some concerns over potential share loss.
Revenue MissFirst-quarter total sales of $965 million missed estimates by $15 million (1.5%), leading the stock to trade down 5% in the after-market.