8-K
filed November 9, 2023, 6:59 PM ET
ticker LNSR
CIK 0001320350
earnings
confidence high
sentiment positive
materiality 0.75
LENSAR Q3 revenue $9.8M (+26% YoY); net income $2.6M vs -$4.0M loss; ALLY installed base 39
LENSAR, Inc.
2023-Q3 EPS reported
-$0.96
revenue$30,059,000
- Revenue $9.8M, +26% YoY ($7.7M); U.S. procedure volume +16% YoY.
- Net income $2.6M ($0.13 EPS) vs net loss $4.0M ($0.39 loss) in Q3 2022.
- ALLY installed base 39; 11 installs in Q3; backlog of 8; exceeded full-year target of 30.
- Adjusted EBITDA -$1.4M, improved from -$1.6M; SG&A decreased due to $1.4M Employee Retention Credit.
- Recurring revenue ~80% of total; South Korea volume down due to reimbursement challenges.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
LENSAR, Inc. reported fiscal quarter ended September 30, 2023 results: revenue $9.8 million, net income $2.6 million, EPS $0.13.
- Period
- fiscal quarter ended September 30, 2023
- Revenue
- $9.8 million
- Net income
- $2.6 million
- EPS
- $0.13
- Result
- reported results
Exact text from the filing
Total revenue for the quarter ended September 30, 2023 was $9.8 million, an increase of $2.1 million, or 26%, compared to total revenue of $7.7 million for the quarter ended September 30, 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
LENSAR, Inc. reported fiscal quarter ended September 30, 2023 results: revenue $9.8 million, net income $2.6 million, EPS $0.13.
- Period
- fiscal quarter ended September 30, 2023
- Revenue
- $9.8 million
- Net income
- $2.6 million
- EPS
- $0.13
- Result
- reported results
Exact text from the filing
outside the U.S., while also further expanding the ALLY installed base in U.S.” Third Quarter 2023 Financial Results Total revenue for the quarter ended September 30, 2023 was $9.8 million, an increase of $2.1 million, or 26%, compared to total revenue of $7.7 million for the quarter ended September 30, 2022. The increase in the third quarter of 2023 was primarily
View on SEC.gov
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