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EYE » Topics » Eye Care sales rose 202.8% to $57.6 million.

This excerpt taken from the EYE 8-K filed Aug 4, 2008.

Eye Care sales rose 202.8% to $57.6 million.

 

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Multipurpose solution sales were $25.5 million, compared to a $7.8 million loss in sales associated with the recall in the second quarter of 2007.

 

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Hydrogen peroxide sales rose 15.8% to $15.8 million, reflecting continued international demand.

 

 

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Other eye care product sales grew 23.9%, due in part to growing demand for the company’s newly launched line of over-the-counter dry eye products, sold under the blink® Tears brand.

“We are making important progress against key operational and financial metrics designed to deliver sustained sales, earnings and cash flow growth,” Mazzo said. “However, our expectation that difficult economic conditions will pressure our domestic refractive business for the balance of 2008 has led us to reduce our earnings outlook.”

 

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