Shares in Staar Surgical rose more than 15% to $33.98 during after hours trading today after reporting first quarter revenue increased 120% to $93.5 million.
The figure came in above the $77.4 million expected by analysts. Earnings per share of 10 cents also exceeded the estimated 1 cent each.
“STAAR is off to a strong start in 2026, as reflected in our first quarter financial results,” the Lake Forest-based company wrote in a letter to shareholders.
Shares in Staar closed regular trading at $29.40 apiece and a $1.5 billion market cap (Nasdaq: STAA).
See the May 25 print edition of the Business Journal for more information.Â
