Alcon(ALC)

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Vivity, the World's Leading EDOF IOL, Reaches One Million Milestone
Businesswire· 2024-03-06 13:00
FORT WORTH, Texas--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today proudly announces AcrySof® IQ Vivity® and Clareon® Vivity extended depth of focus (EDOF) intraocular lenses (IOLs) have surpassed more than one million implants worldwide. Vivity is the most implanted EDOF IOL globally.1* Alcon is the global leader in IOLs—every four seconds an eye is implanted with an Alcon IOL—and continues to innovate in this space to address patient ...
Alcon(ALC) - 2023 Q4 - Earnings Call Transcript
2024-02-29 02:45
Alcon, Inc. (NYSE:ALC) Q4 2023 Earnings Conference Call February 28, 2024 5:30 PM ET Company Participants Daniel Cravens - Vice President and Global Head, Investor Relations David Endicott - Chief Executive Officer Tim Stonesifer - Chief Financial Officer Conference Call Participants Veronika Dubajova - Citi Ryan Zimmerman - BTIG Susannah Ludwig - Bernstein Anthony Petrone - Mizuho Group David Saxon - Needham & Company Larry Biegelsen - Wells Fargo Brett Fishbin - KeyBanc Capital Markets Tom Stephan - Stife ...
Alcon (ALC) Q4 Earnings Beat Estimates, Margins Expand
Zacks Investment Research· 2024-02-28 11:56
Alcon, Inc. (ALC) delivered core earnings per share (EPS) of 70 cents in the fourth quarter of 2023, up 66.7% from the year-ago quarter’s figure (up 78% at the constant exchange rate or CER). The figure topped the Zacks Consensus Estimate by 2.9%. Alcon’s “core” results are based on non-IFRS (International Financial Reporting Standards) measures.In the fourth quarter, the company’s diluted EPS was 86 cents compared to a loss of 20 cents per share in the prior-year quarter.For the full year, the core EPS was ...
Alcon (ALC) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-28 01:01
For the quarter ended December 2023, Alcon (ALC) reported revenue of $2.33 billion, up 8.2% over the same period last year. EPS came in at $0.70, compared to $0.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.34 billion, representing a surprise of -0.22%. The company delivered an EPS surprise of +2.94%, with the consensus EPS estimate being $0.68.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they com ...
Alcon's Broad Portfolio Delivers Robust Sales and Earnings Growth in FY 2023
Businesswire· 2024-02-27 21:30
GENEVA--(BUSINESS WIRE)--Alcon (SIX/NYSE:ALC), the global leader in eye care, reported its financial results for the three and twelve months ended December 31, 2023. For the fourth quarter of 2023, sales were $2.3 billion, an increase of 8% on a reported basis and 10% on a constant currency basis(1), as compared to the same quarter of the previous year. Alcon reported diluted earnings per share of $0.86 and core diluted earnings per share(2) of $0.70 in the fourth quarter of 2023. David J. Endicott, Alco ...
Alcon (ALC) Faces Rising Expenses, Tough Competitive Scenario
Zacks Investment Research· 2024-02-27 16:41
Core Insights - Alcon is facing significant cost pressures due to inflation in electronic components, freight, labor, resins, and plastics, which are negatively impacting the company's margins [1] - The ophthalmology industry is highly competitive, with Alcon encountering challenges from both large manufacturers and small specialized producers, as well as alternative medical therapies from pharmaceutical companies [1][2] - In the vision care segment, Alcon is experiencing intense competition, particularly in the contact lens market, where new entrants from Asia are threatening market share [2] Group 1: Surgical Business - Alcon's Surgical business benefits from a diverse portfolio and ongoing innovation, with one in three intraocular lens (IOL) implants globally being Alcon products, and one in two premium lenses being Alcon's [3] - The company's flagship lenses, Vivity and PanOptix, are leading in the U.S. and globally, with expansion opportunities in markets like China [3] Group 2: Vision Care Business - Alcon is achieving solid growth in its Vision Care segment, driven by strong sales of contact lenses and ocular health products, outpacing market growth in new product categories [4] - The company is seeing increased interest in specialty lenses, including multifocal and toric options, with successful clinical outcomes reported for its DAILIES Total1 product line [4]
Alcon(ALC) - 2023 Q4 - Annual Report
2024-02-26 16:00
ALCON INC. INTERIM FINANCIAL REPORT | INDEX | Page | | --- | --- | | Operating Performance | 2 | | Liquidity and Capital Resources | 11 | | Condensed Consolidated Interim Financial Statements of Alcon Inc. (unaudited) | | | Consolidated Income Statement | 15 | | Consolidated Statement of Comprehensive Income/(Loss) | 16 | | Consolidated Balance Sheet | 17 | | Consolidated Statement of Changes in Equity | 18 | | Consolidated Statement of Cash Flows | 19 | | Notes to Condensed Consolidated Interim Financial S ...
Alcon(ALC) - 2023 Q4 - Annual Report
2024-02-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F | ☐ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | --- | --- | | | OR | | ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 | | | OR | | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ | OR ☐ ...
Wall Street's Insights Into Key Metrics Ahead of Alcon (ALC) Q4 Earnings
Zacks Investment Research· 2024-02-22 15:20
Analysts on Wall Street project that Alcon (ALC) will announce quarterly earnings of $0.68 per share in its forthcoming report, representing an increase of 61.9% year over year. Revenues are projected to reach $2.34 billion, increasing 8.5% from the same quarter last year.The current level reflects a downward revision of 0.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over ...
Alcon Announces Positive Topline Results From Phase 3 COMET Trials of AR-15512, a Novel Topical Drug Candidate for Dry Eye
Businesswire· 2024-01-09 21:30
GENEVA--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today announced positive topline results from the two pivotal Phase 3 clinical trials (COMET-2 and COMET-3) evaluating the efficacy and safety of AR-15512, a candidate treatment for the signs and symptoms of dry eye disease (DED). In both COMET-2 and COMET-3, which enrolled more than 930 dry eye subjects in total (randomized 1:1 to AR-15512 or vehicle control), the primary endpoint o ...