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Advanced Medical Optics (EYE)
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EYE » Topics » Laser Vision Correction (LVC) sales rose 96.8% to $101.7 million in the quarter and 69.6% to $367.8 million for 2007. Pro forma LVC sales rose 10.6% and 13.8% for the quarter and year, respectively.

This excerpt taken from the EYE 8-K filed Feb 14, 2008.

Laser Vision Correction (LVC) sales rose 96.8% to $101.7 million in the quarter and 69.6% to $367.8 million for 2007. Pro forma LVC sales rose 10.6% and 13.8% for the quarter and year, respectively.

 

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Fourth-quarter procedures and related sales of $56.9 million represented a 65.8% increase, or 11.5% on a pro forma basis. For 2007, procedures and related sales of $229.1 million represented a 58.7% increase, or 24.0% on a pro forma basis. Growth reflects primarily market share gains, favorable custom mix shift and continued international expansion.

 

 

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For 2007, AMO’s U.S. excimer procedure volumes grew 6.2% and its U.S. CustomVue® procedure mix was 64.4%. For 2007, AMO’s U.S. femtosecond procedure volumes grew 41.5% on a pro forma basis.

 

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For 2007, international procedure sales rose 75.1% to $67.6 million, reflecting excimer procedure sales growth of 58.8% and pro forma femtosecond procedure sales growth of 84.2%.

 

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Fourth-quarter system sales increased 280.9% to $36.2 million, or an increase of 21.7% on a pro forma basis. For 2007, system sales rose 154.2%, or 3.4% on a pro forma basis. The rise reflects the continued penetration of the company’s systems worldwide.

 

 

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Fourth-quarter unit placements of the VISX® Star S4 IR® excimer laser declined 17%, reflecting a difficult comparison in the year-ago quarter when a significant U.S. corporate provider adopted the company’s excimer technology. For 2007, excimer laser placements rose 13.5%. IntraLase® FS laser placements rose 58.9% for the quarter and 31.4% for 2007, on a pro forma basis. The rise reflects the continued penetration of the company’s systems worldwide.

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