STAAR Surgical publishes transcript of Q1 2026 earnings call

STAAR Surgical Company

STAAR Surgical Company

STAA

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  • STAAR Surgical Q1 2026 earnings call featured Interim Co-CEO, President and COO Warren Foust, Interim Co-CEO and CFO Deborah J. Andrews, IR Director Connie Johnson.
  • Net sales USD 93.5 million, up 119.6% y/y, driven by China net sales of USD 47.4 million on EVO+ launch and continued EVO demand; US posted first quarter above USD 6 million, up 22% y/y.
  • Adjusted EBITDA swung to USD 24.4 million from loss of USD 26.3 million; gross margin rose to 73.6% from 65.8%, helped by lower period costs tied to Switzerland manufacturing ramp and lower inventory provisions.
  • Management declined to endorse Street revenue view of USD 311 million-USD 312 million, citing macro and geopolitical uncertainty; Andrews said Q2 is tracking like a normal second quarter seasonally, with Q3 still uncertain.
  • China channel inventory ended quarter at or below start-of-year levels, within targeted six-month range; early EVO+ demand exceeded plan, with full supply from Nidau facility expected by end of Q2, while Eyebright competition described as a “non-issue” so far.


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