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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of STAAR Surgical Company. - STAA
STAASTAAR Surgical(STAA) Prnewswire·2025-02-18 22:42

Core Viewpoint - STAAR Surgical Company is under investigation for potential securities fraud and unlawful business practices following disappointing financial results for Q4 and full year 2024 [1][2]. Financial Performance - For Q4 2024, STAAR reported GAAP earnings per share of -0.69,missingconsensusestimatesby0.69, missing consensus estimates by 0.55 [2]. - The company's revenue for the quarter was 48.95million,whichfellshortofconsensusestimatesby48.95 million, which fell short of consensus estimates by 28.52 million [2]. - The company attributed its poor performance to "fluctuating demand in China" [2]. Market Reaction - Following the announcement of the financial results, STAAR's stock price dropped by 5.40pershare,or24.685.40 per share, or 24.68%, closing at 16.48 per share on February 12, 2025 [3].