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RxSight Shares Surge on Q2 Beat

Sales jump 68%; loss narrower than expected

Shares of RxSight Inc. (Nasdaq: RXST) rose 21% in after-hours trading after reporting second-quarter results that topped analysts’ expectations.
The shares climbed to $49.30 after ending the regular session at $40.78 and a $1.6 billion market cap.
The Aliso Viejo-based maker of implantable lenses that can be customized after cataract surgery reported revenue surged 68% to $34.9 million while its loss per share was 16 cents. Analysts on average expected a loss of 22 cents on revenue of $32.3 million.
“We continued to make significant progress in the adoption of adjustability as a new standard in the premium market,” Chief Executive Ron Kurtz said in a statement.
For more details, see the Aug. 12 print issue of the Business Journal.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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