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Add as a preferred source on GoogleLENSAR Posts $14.13 Million in Q3 Revenue as GAAP EPS Misses by 28 Cents Per Share
Revenue fell 1.3% year over year, while the ALLY system installed base increased 22%.
LENSAR, Inc. (LNSR) posted third-quarter GAAP earnings per share of negative $0.38, missing estimates by $0.28. Revenue totaled $14.13 million, a 1.3% decline from a year earlier and $170,000 below estimates.
The total laser systems installed base reached 450. The installed base for LENSAR’s ALLY system increased 22% year over year.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.