LENSAR Q2 revenue up 49% YoY to $12M; ALLY installed base grows to 28 systems

LENSAR, Inc.

2023-Q2 EPS reported -$1.21 revenue$20,264,000

Total revenue $12.0 million, +49% YoY; net loss $8.8M ($0.81/share) vs $6.8M loss prior year.
Adjusted EBITDA improved to -$0.2M from -$4.3M; cash $25.5M after May 2023 financing.
ALLY system installed base 28 as of June 30, with 6 backlog; U.S. procedure volumes +13% YoY.
Estimated U.S. FLACS market share rose to 15.6% from 15.0% in Q1 2023.
May 2023 financing added $19.1M net cash; $6.0M non-cash warrant revaluation charge recorded.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

LENSAR, Inc. reported the quarter ended June 30, 2023 results: revenue $12.0 million, net income $8.8 million, EPS ($0.81) per share.

Period: the quarter ended June 30, 2023
Revenue: $12.0 million
Net income: $8.8 million
EPS: ($0.81) per share
Result: reported results

Exact text from the filing

Total revenue for the quarter ended June 30, 2023 was $12.0 million, an increase of $4.0 million, or 49%, compared to total revenue of $8.0 million for the quarter ended June 30, 2022.

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Source: SEC EDGAR

accession 0000950170-23-040141

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