LENSAR(LNSR)

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LENSAR(LNSR) - 2025 Q2 - Quarterly Report
2025-08-07 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-39473 LENSAR, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organ ...
LENSAR(LNSR) - 2025 Q2 - Quarterly Results
2025-08-07 11:15
Exhibit 99.1 LENSAR Reports Second Quarter 2025 Results and Provides Business Update 18 ALLY Robotic Cataract Laser Systems™ ("ALLY Systems") placed in 2Q 2025 with an additional backlog of 18 ALLY Systems pending installation as of June 30, 2025 ALLY installed base grew 107% and total installed base grew 23% over 2Q 2024 Worldwide procedure volumes increased 23% over 2Q 2024 ORLANDO, Fla. (August 7, 2025) – LENSAR, Inc. (Nasdaq: LNSR) ("LENSAR" or the "Company), a global medical technology company focused ...
LENSAR Reports Second Quarter 2025 Results and Provides Business Update
Globenewswire· 2025-08-07 11:00
18 ALLY Robotic Cataract Laser Systems™ ("ALLY Systems") placed in 2Q 2025 with an additional backlog of 18 ALLY Systems pending installation as of June 30, 2025 ALLY installed base grew 107% and total installed base grew 23% over 2Q 2024 Worldwide procedure volumes increased 23% over 2Q 2024 ORLANDO, Fla., Aug. 07, 2025 (GLOBE NEWSWIRE) -- LENSAR, Inc. (Nasdaq: LNSR) ("LENSAR" or the "Company), a global medical technology company focused on advanced robotic laser solutions for the treatment of cataracts, t ...
LENSAR(LNSR) - 2025 Q1 - Quarterly Report
2025-05-08 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2025 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-39473 LENSAR, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or orga ...
LENSAR(LNSR) - 2025 Q1 - Quarterly Results
2025-05-08 11:15
ORLANDO, Fla. (May 8, 2025) – LENSAR, Inc. (Nasdaq: LNSR) ("LENSAR" or the "Company), a global medical technology company focused on advanced robotic laser solutions for the treatment of cataracts, today announced financial results for the quarter ended March 31, 2025 and provided an update on key operational initiatives. "We had a solid start to 2025, as we successfully placed 40% more ALLY Systems in the first quarter of 2025, compared to the first quarter of 2024. Similarly, we achieved a substantial 34% ...
LENSAR Reports First Quarter 2025 Results and Provides Business Update
Globenewswire· 2025-05-08 11:00
Core Insights - LENSAR, Inc. reported a strong start to 2025 with a 34% increase in revenue and a 33% rise in worldwide procedure volumes compared to the first quarter of 2024 [2][3] - The company placed 14 ALLY Robotic Laser Cataract Systems in the first quarter of 2025, contributing to a total installed base of approximately 150 systems [3][4] - The company is in the process of a proposed merger with Alcon Research, LLC, which has led to increased acquisition-related costs [4][8] Financial Performance - Total revenue for Q1 2025 was $14.2 million, up from $10.6 million in Q1 2024, marking a $3.6 million increase [3][4] - Recurring revenue for the quarter was $11.5 million, representing an 81% recurring revenue percentage, although this is down from 90% in the previous year [4] - The net loss for Q1 2025 was $27.3 million, compared to a net loss of $2.2 million in Q1 2024, primarily due to changes in warrant liability [6][7] Operational Highlights - The company’s laser systems accounted for approximately 22% of total U.S. procedures in Q1 2025 [3] - Selling, general, and administrative expenses increased by 64% to $11.1 million, largely due to acquisition-related costs associated with the Alcon merger [4] - Research and development expenses rose slightly to $1.5 million, a 6% increase from the previous year [5] Cash Position - As of March 31, 2025, LENSAR had cash, cash equivalents, and investments totaling $25.2 million, an increase from $22.5 million at the end of 2024 [8]
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of LENSAR, Inc. - LNSR
Prnewswire· 2025-03-24 14:55
NEW YORK, March 24, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating LENSAR, Inc. (NASDAQ: LNSR), relating to the proposed merger with Alcon. Under the terms of the agreement, LENSAR shareholders will receive $14.00 per share, with an additional non- ...
Alcon Agrees to Acquire LENSAR, Inc.
Globenewswire· 2025-03-24 12:00
Core Viewpoint - Alcon has announced a definitive merger agreement to acquire LENSAR, enhancing its portfolio in cataract surgery technology with LENSAR's advanced laser solutions and proprietary software [1][2][3] Financial Details - Alcon will acquire all outstanding shares of LENSAR for $14.00 per share in cash, totaling approximately $356 million, with potential additional payments of up to $2.75 per share based on performance milestones [2] - The total potential consideration could reach $16.75 per share, representing a 24% premium to LENSAR's 30-day volume-weighted average price (VWAP) and a 47% premium to its 90-day VWAP, assuming milestones are met [2] Strategic Implications - The acquisition aims to leverage LENSAR's next-generation technologies to improve the efficiency and precision of cataract surgeries globally, addressing the high prevalence of visually significant astigmatism [3][4] - Alcon's CEO emphasized the opportunity to expand the reach of advanced femtosecond laser technology to more surgeons worldwide, enhancing surgical outcomes [3] Market Context - There are over 5 million cataract procedures performed annually in the U.S. and approximately 32 million globally, indicating a significant market for the enhanced technology [3] - LENSAR's ALLY Robotic Cataract Laser System™ is designed to improve operational efficiencies and reduce overhead in cataract surgery, which aligns with the growing demand for advanced surgical solutions [11] Transaction Timeline - The merger is expected to close in mid-to-late 2025, pending regulatory approvals and stockholder consent from LENSAR [4]
LENSAR(LNSR) - 2024 Q4 - Earnings Call Transcript
2025-02-28 18:05
LENSAR, Inc. (NASDAQ:LNSR) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Cameron Radinovic - Investor Relations, Burns McClellan Nicholas Curtis - Chief Executive Officer Thomas Staab - Chief Financial Officer Conference Call Participants Frank Takkinen - Lake Street Capital Markets Operator Good morning and thank you for your participation. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. As a reminder, this c ...
LENSAR(LNSR) - 2024 Q4 - Earnings Call Transcript
2025-02-28 02:36
LENSAR (LNSR) Q4 2024 Earnings Call February 27, 2025 10:36 PM ET Company Participants Cameron Radinovic - Vice President, Investor RelationsNicholas Curtis - CEOThomas Staab - CFO Conference Call Participants Frank Takkinen - Senior Research AnalystNone - Analyst Operator Good morning and thank you for your participation. At this time, all participants are in listen only mode. Later, we will conduct a question and answer session. As a reminder, this conference is being recorded. I would now like to turn th ...