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RXST INVESTOR ALERT: RxSight, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-07-23 21:36
Core Viewpoint - The RxSight class action lawsuit alleges that the company and its executives made misleading statements regarding the company's performance and financial guidance, leading to significant stock price declines following the disclosure of poor financial results [1][4][5]. Company Overview - RxSight, Inc. is a commercial-stage medical technology company focused on the research, development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery [3]. Allegations of the Lawsuit - The lawsuit claims that during the class period, RxSight faced "adoption challenges" and structural issues that resulted in declining sales and utilization of its products [4]. - It is alleged that the company overstated the demand for its products and was unlikely to meet its previously issued financial guidance for fiscal year 2025 [4]. - Following the release of preliminary second-quarter financial results on July 8, 2025, which showed significant declines in Light Delivery Device (LDD) sales and overall revenue, RxSight lowered its full-year guidance by approximately $42.5 million at the midpoint [5]. Financial Impact - The announcement of poor financial results led to a nearly 38% drop in the price of RxSight stock [5].
RxSight, Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-07-23 20:56
Investors can contact the law firm at no cost to learn more about recovering their losses​ LOS ANGELES, July 23, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises RxSight, Inc. (“RxSight” or “the Company”) (NASDAQ: RXST) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. RxSight investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Les ...
RXST INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that RxSight, Inc. Investors with Substantial Losses Have Opportunity to Lead the RxSight Class Action Lawsuit
GlobeNewswire News Room· 2025-07-23 00:23
Core Viewpoint - The RxSight class action lawsuit alleges that the company and its executives made misleading statements regarding the company's performance and financial guidance, leading to significant stock price declines following the disclosure of poor financial results [1][4][5]. Company Overview - RxSight, Inc. is a commercial-stage medical technology company focused on the research, development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery [3]. Allegations of the Lawsuit - The lawsuit claims that during the class period, RxSight faced "adoption challenges" and structural issues that resulted in declining sales and utilization of its products [4]. - It is alleged that the company overstated the demand for its products and was unlikely to meet its previously issued financial guidance for fiscal year 2025 [4]. - Following the release of preliminary second-quarter financial results on July 8, 2025, which showed significant declines in Light Delivery Device (LDD) sales and overall revenue, RxSight lowered its full-year guidance by approximately $42.5 million at the midpoint [5]. Financial Impact - The announcement of poor financial results led to a nearly 38% drop in the price of RxSight stock [5].
RXST Investors Have Opportunity to Join RxSight, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-07-21 14:21
LOS ANGELES, July 21, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of RxSight, Inc. ("RxSight" or "the Company") (NASDAQ: RXST) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RxSight reported its Q2 2025 financial results on July 9, 2025. The Company revealed ...
Ocumetics Announces Completion of First Tranche of Unit Private Placement
Thenewswire· 2025-07-17 13:00
  Calgary, Alberta – TheNewswire - July 17, 2025 - Ocumetics Technology Corp. (“Ocumetics” or the “Corporation”) (TSXV: OTC) (OTCQB: OTCFF) (FRA: 2QBO) announces that it has completed the first tranche of the private placement previously announced by the Corporation on June 4, 2025 (the “Offering”).The Corporation has issued an aggregate of 3,212,462 units (“Units”) at a price of $0.35 per unit for aggregate gross proceeds of $1,124,362.  Each Unit consists of one common share in the share capital of the C ...
Johnson & Johnson Tops Q2 Estimates
The Motley Fool· 2025-07-16 18:10
Core Insights - Johnson & Johnson reported Q2 2025 earnings that exceeded analysts' expectations for both adjusted earnings and revenue, with revenue at $23.7 billion and adjusted EPS at $2.77 [1][2][6] - The company experienced strong sales momentum and progress in innovation, but underlying profit growth faced challenges due to patent expiries and higher costs [2][5] Financial Performance - Adjusted EPS for Q2 2025 was $2.77, slightly down 1.8% from $2.82 in Q2 2024, while revenue increased by 5.8% year-over-year [3][6] - GAAP EPS rose 18.7% to $2.29, and net earnings reached $5.54 billion, up 18.2% from the previous year [3][6] - Free cash flow decreased to $6.2 billion, down 17.4% from $7.51 billion a year ago [3][12] Business Segments - U.S. sales increased by 7.8% year-over-year, while international revenue grew by 3.2%, indicating stronger domestic performance [7] - In the Innovative Medicine division, sales rose 4.9%, driven by oncology and immunology products, despite a decline in STELARA impacting overall revenue [8] - MedTech sales increased by 7.3% to $8.54 billion, with significant contributions from cardiovascular products and new product launches [9][10] Regulatory and Pipeline Developments - The company achieved several regulatory milestones, including FDA approval for IMAAVY and positive EU opinions for oncology assets [11] - New clinical data supported the expansion of both immunology and oncology franchises, indicating a robust pipeline [11] Future Outlook - Management raised its full-year 2025 sales guidance to a midpoint of $93.4 billion, reflecting a 5.4% increase from the prior year [14] - Adjusted operational EPS target was also increased to a midpoint of $10.68, representing 7% year-on-year growth [14] - The company faces ongoing challenges from tariffs and competitive dynamics, particularly in orthopedics, which require close monitoring [15]
Robbins LLP is Investigating the Officers and Directors of RxSight, Inc. (RXST) to Determine if They Breached Fiduciary Duties Owed to Shareholders
GlobeNewswire News Room· 2025-07-15 21:18
Core Insights - Robbins LLP is investigating RxSight, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] - RxSight, Inc. is a commercial-stage medical technology company focused on the research, development, manufacture, and sale of light adjustable intraocular lenses (LAL) for cataract surgery in the United States [1] Company Overview - RxSight, Inc. operates in the medical technology sector, specifically in the field of ophthalmology, providing innovative solutions for cataract surgery [1] - The company is publicly traded on NASDAQ under the ticker RXST [1] Legal Context - The investigation by Robbins LLP suggests potential legal challenges for RxSight, which may impact shareholder confidence and the company's market performance [1][2] - Shareholders who have incurred losses are encouraged to seek information regarding their rights [2]
Johnson Fistel Begins Investigation on Behalf of RxSight, Inc. (RXST) Shareholders
GlobeNewswire News Room· 2025-07-11 14:12
Core Viewpoint - Johnson Fistel, PLLP is investigating RxSight, Inc. for potential violations of federal securities laws related to misleading statements and undisclosed material information to investors [1][3]. Company Overview - RxSight, Inc. is facing scrutiny regarding its business outlook and product adoption trends, particularly after reporting significant declines in Light Delivery Device (LDD) sales and total revenue for Q2 2025 [3]. Financial Performance - On July 9, 2025, RxSight released preliminary financial results indicating notable declines in LDD sales and usage of its light adjustable intraocular lenses (LALs) [3]. - The company revised its full-year 2025 revenue guidance downward by approximately $42.5 million at the midpoint, attributing this to "adoption challenges over the last few quarters" [3]. Legal Investigation - The investigation by Johnson Fistel focuses on whether RxSight misled investors about its financial performance and future prospects [3]. - Investors who purchased RxSight securities and incurred losses may be eligible to participate in the investigation [2]. Whistleblower Information - Individuals with nonpublic information about RxSight are encouraged to assist with the investigation or explore options under the SEC Whistleblower Program, which may offer rewards of up to 30% of any successful enforcement action [4]. Law Firm Background - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights and securities fraud, with a strong track record in securing recoveries for clients [5][6].
Alcon Stock Gains Following UNITY VCS' Approval in Canada
ZACKS· 2025-07-09 13:30
Core Insights - Alcon Inc.'s UNITY Vitreoretinal Cataract System has received approval from Health Canada, with a commercial launch anticipated in early 2026, which is expected to enhance the company's Surgical segment [1][9] - The company has seen a year-to-date stock increase of 2.6%, outperforming the industry decline of 9.2% [2][9] - Alcon's R&D spending rose by 11.6% year-over-year in Q1 2025, indicating a strong commitment to innovation and long-term growth [3] Company Overview - Alcon's current market capitalization stands at $42.93 billion, with an average earnings surprise of 2.85% over the trailing four quarters [4] - The UNITY VCS integrates advanced vitreoretinal and cataract surgical technologies, designed to improve workflow efficiency [5] - The system features a phacoemulsification modality that allows for nucleus removal up to two times faster with 40% less energy, and the fastest vitrectomy probe globally, achieving speeds of up to 30,000 cuts per minute [6] Recent Developments - Alcon has tested the UNITY VCS with over 200 experienced surgeons from more than 30 countries [7] - The company has launched other products, including the Clareon PanOptix Pro intraocular lens and SYSTANE PRO preservative-free eye drops, with plans for broader rollout in 2026 [11][12] Industry Prospects - The global vitreoretinal surgery devices market was valued at $1.70 billion in 2024 and is projected to grow at a CAGR of 3.4% from 2025 to 2034, driven by the rising prevalence of retinal diseases and demand for minimally invasive procedures [8]
BAUSCH & LOMB ALERT: Bragar Eagel & Squire, P.C. is Investigating Bausch + Lomb Corporation on Behalf of Bausch & Lomb Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-06-27 01:00
Core Viewpoint - Bausch + Lomb Corporation is under investigation for potential violations of federal securities laws and unlawful business practices following a product recall and subsequent stock price drop [1][2]. Group 1: Product Recall and Impact - On March 27, 2025, Bausch + Lomb announced a voluntary recall of intraocular lenses from its enVista platform due to reports of toxic anterior segment syndrome (TASS), which is a complication associated with cataract surgery [2]. - The recall has raised short-term concerns regarding product safety and may lead to increased regulatory scrutiny [2]. - Following the recall announcement, Bausch + Lomb's stock price fell by $1.50 per share, representing a 10.6% decrease, closing at $15.00 on the same day [2]. Group 2: Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims against Bausch + Lomb on behalf of its stockholders, focusing on possible violations of federal securities laws [1]. - The law firm is reaching out to long-term stockholders who may have suffered losses or have information related to the claims [3].