LENSAR Q1 revenue up 34% to $14.2M; net loss $27.3M on warrant liability adjustment

LENSAR, Inc.

2025-Q1 EPS reported -$2.32 revenue$14,159,000

Total revenue $14.2M (+34% YoY); recurring revenue $11.5M (81% of total).
Worldwide procedure volume 52,347 (+33% YoY); placed 14 ALLY Systems.
Net loss $27.3M ($2.32/share) vs $2.2M loss a year ago, driven by $4.2M merger costs and $22.5M warrant liability change.
Adjusted EBITDA improved to positive $0.2M from negative $1.3M in Q1 2024.
Installed base of ALLY Systems ~150; total combined LENSAR/ALLY base ~395 (+26% YoY).

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