secwatch.observer — SEC 8-K summary
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Issuer:     STAAR SURGICAL CO (STAA)
CIK:        0000718937
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017172
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STAAR Surgical Q1 net sales up 16% to $73.5M; raises FY2023 outlook to $348M
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- ICL sales of $70.6M up 20% YoY; ICL units also up 20%.
- GAAP EPS $0.05 vs $0.19; adjusted EPS $0.18 vs $0.29.
- Fiscal 2023 net sales outlook raised to $348M from $340M, implying 28% ICL growth.
- Gross margin improved to 78.3% from 77.9%.
- Cash & investments at $217.3M, down from $225.5M at Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718937/000095017023017172/0000950170-23-017172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718937/000095017023017172/staa-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017172

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