Novartis Reports ‘Solid’ First-Quarter Performance and Expects Next Growth Phase in 2018

By Staff
Friday, April 28, 2017 12:26 AM BASEL, Switzerland—Novartis (NYSE: NVS) reported this week that “sales growth across all divisions” helped the company post first-quarter sales of $11.54 billion, an increase of 2 percent compared with the year-ago period. Novartis noted, however, sales declined 1 percent in the quarter on a constant-currency basis.

Safilo Group’s Shareholders’ Meeting Approves Share Buy-Back and Stock Options Programs

By Staff
Friday, April 28, 2017 12:23 AM PADUA, Italy—Safilo Group S.p.A’s (SFLG.MI) shareholders’ meeting held in a single call on April 26, 2017 discussed and approved the company’s 2016 financial statements and board of directors’ report as well as viewed the consolidated financial statements.

Essilor Boosts 1Q 2017 Revenue by 10 Percent

By Staff
Wednesday, April 26, 2017 12:23 AM CHARENTON-LE-PONT, France—Essilor International (Reuters: ESSI:PA) posted consolidated revenue of €1,962 million for the first quarter of 2017 ending March 31, a 10 percent increase over year ago.

Simple Contacts Raises Additional $8 Million in Series A Financing

By Staff
Friday, April 21, 2017 12:23 AM NEW YORK—Simple Contacts announced that it has raised an $8 million Series A financing round led by Goodwater Capital, which specializes in early-stage consumer technology companies.

Johnson & Johnson Posts Lackluster Results for 1Q ’17

By Staff
Wednesday, April 19, 2017 12:23 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) reported sales of $17.8 billion for the first quarter of 2017, an increase of 1.6 percent as compared to the first quarter of 2016.

Ohr Pharmaceutical Raises $14 Million in Offering of Common Stock and Warrants

By Staff
Wednesday, April 12, 2017 12:23 AM NEW YORK—Ohr Pharmaceutical Inc., (Nasdaq:OHRP) an ophthalmology company studying a potential new treatment for age-related macular degeneration, reported earlier this week that it closed a previously announced public offering of common stock and warrants, which generated gross proceeds to the company of roughly $14.2 million.

drchrono Raises $12 Million Series A Financing Round

By Staff
Friday, April 7, 2017 12:23 AM Mountain View, Calif.—drchrono, a provider of the Electronic Health Record (EHR), practice management, medical billing, revenue cycle management, and healthcare API platform on iPad, iPhone and web, announced that it has closed a 12 million dollar Series A round of funding.

Visioneering Technologies Successfully Lists on ASX

By Staff
Friday, March 31, 2017 12:23 AM ATLANTA—Visioneering Technologies (ASX:VTI), the maker of NaturalVue Multifocal 1 Day contact lenses, announced that it is now listed on the Australian Securities Exchange after raising $33.3 million following the close of its initial public offer.

NovaBay Posts 2016 and 4Q Results

By Staff
Wednesday, March 29, 2017 12:23 AM EMERYVILLE, Calif.—NovaBay Pharmaceuticals (NYSE MKT: NBY) reported that strong sales of Avenova, its proprietary eyelid cleaner, drove significant sales increase for both the full year and the fourth quarter ending Dec. 31, 2016.

The Cooper Companies Announces Expanded Share Repurchase Program

By Staff
Friday, March 24, 2017 12:23 AM PLEASANTON, Calif.—The Cooper Companies Inc., (NYSE:COO) a leading vision care company, announced earlier this week that its board of directors has approved a $500 million increase in the company’s share repurchase program.

Carl Zeiss Meditec Plans Share Issue to Raise 300 Million Euros for Acquisitions

By Staff
Wednesday, March 22, 2017 12:23 AM JENA, Germany—Carl Zeiss Meditec (ISIN: DE0005313704) said it would raise up to 300 million euros ($324 million) in a share issue to help finance acquisitions.

Highmark Health Posts Record 2016 Revenues, Vision Businesses Reach $1.6B in Revenues

By Staff
Monday, March 20, 2017 12:26 AM PITTSBURGH—Highmark Health reported record operating revenues of $18.2 billion for 2016, an increase of 3 percent over the prior year driven by higher patient volumes at Allegheny Health Network, growth
in Medicaid business, and the first full year of northeastern Pennsylvania operations at the Health Plan.

Canadian Retailer New Look Vision Reports Record Revenues and Adjusted Earnings for 2016

By Staff
Monday, March 20, 2017 12:23 AM MONTREAL, QUEBEC—New Look Vision Group Inc. (BCI.TO) reported last week that recent acquisitions and organic growth helped the company achieve record revenue and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) in both the fourth quarter and fiscal year ended Dec. 31, 2016.

Safilo Group Reports Slight Decline in FY ’16 Sales, While Going-Forward Brands Rise

By Staff
Friday, March 17, 2017 12:26 AM PADOVA, Italy—The board of directors of Safilo Group S.p.A. (SFLG.MI) approved the company’s consolidated financial statements for the year ended Dec. 31, 2016.

SPY Reports Profitable Net Income Year for 2016, Cites Strong Start for 2017

By Staff
Friday, March 17, 2017 12:23 AM CARLSBAD, Calif—For the first time in more than a decade, SPY achieved its highest operating income, first profitable net income year, lowest operating expenses as a percent of sales along with its highest gross profit percent and lowest level of debt in 2016, according to a statement from the company about its year-end results.
Loading...