RxSight® Light Adjustable Lens system
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RxSight, Inc. to Report Third Quarter 2025 Financial Results on November 5, 2025
Globenewswire· 2025-10-22 20:05
Core Viewpoint - RxSight, Inc. will report its financial results for Q3 2025 on November 5, 2025, with a conference call scheduled for 1:30 p.m. Pacific Time [1] Company Overview - RxSight, Inc. specializes in ophthalmic medical devices aimed at providing customized vision for patients post-cataract surgery [3] - The company offers the RxSight® Light Adjustable Lens system, which is the first and only commercially available intraocular lens technology that can be adjusted after surgery [3] - This technology allows doctors to tailor and enhance the quality of vision for patients following cataract procedures [3] Conference Call Details - The conference call to discuss the financial results can be accessed by dialing (800) 715-9871 or (646) 307-1963, with the conference code: 6619966 [2] - The call will also be available in listen-only mode via the company's investor relations website [2] - An archived recording of the call will be accessible shortly after its conclusion [2]
RxSight, Inc. Appoints Raymond W. Cohen to Its Board of Directors
GlobeNewswire News Room· 2025-08-04 12:05
Core Insights - RxSight, Inc. has appointed Raymond W. Cohen to its Board of Directors, which is expected to enhance the company's growth strategy and market reach in the ophthalmic medical device sector [1][2]. Company Overview - RxSight, Inc. specializes in ophthalmic medical devices, focusing on providing customized vision solutions for patients post-cataract surgery [4]. - The company's flagship product, the RxSight® Light Adjustable Lens system, is the first commercially available intraocular lens technology that can be adjusted after surgery, allowing for tailored vision outcomes [4]. Leadership Experience - Raymond W. Cohen brings over 40 years of experience in the medical technology industry, having co-founded Axonics, Inc., which achieved over $1 billion in revenue within four years of its launch and was acquired by Boston Scientific for $3.7 billion in 2024 [2][3]. - Cohen has held various leadership roles in multiple healthcare companies, indicating a strong background in scaling medical technology businesses [3]. Strategic Vision - Cohen sees significant potential for RxSight to strengthen its position in the premium intraocular lens market and aims to support the company's growth in revenue and profits [3]. - The company aims to expand the reach of its Light Adjustable Lens system, thereby benefiting more physicians and patients [2][3].
RxSight, Inc. to Report Second Quarter 2025 Financial Results on August 7, 2025
Globenewswire· 2025-07-24 20:05
Core Insights - RxSight, Inc. will report its financial results for Q2 2025 on August 7, 2025, after market close [1] - A conference call to discuss the results will take place at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time [1] Company Overview - RxSight, Inc. specializes in ophthalmic medical devices, focusing on customized vision solutions for patients post-cataract surgery [3] - The company offers the RxSight® Light Adjustable Lens system, which is the first and only intraocular lens technology that can be adjusted after surgery [3] - This technology allows doctors to provide tailored high-quality vision to patients following cataract procedures [3] Contact Information - Chief Financial Officer: Shelley B. Thunen, Email: sthunen@rxsight.com [4] - VP, Investor Relations: Oliver Moravcevic, Email: omoravcevic@rxsight.com [4]
RxSight, Inc. Announces Preliminary Second Quarter 2025 Revenue and Revised 2025 Guidance
Globenewswire· 2025-07-08 20:05
Core Viewpoint - RxSight, Inc. has announced preliminary financial results for Q2 2025, indicating a decrease in revenue and a revised full-year guidance, while also focusing on enhancing customer success and engagement with clinical partners [1][3]. Preliminary Second Quarter 2025 Results - Preliminary revenue for Q2 2025 is expected to be approximately $33.6 million, a decrease of 4% year-over-year and an 11% decrease compared to Q1 2025 [8]. - The company sold 27,380 Light Adjustable Lenses (LAL®/LAL+®), reflecting a 1% decrease in procedure volume from Q1 2025 but a 13% increase from Q2 2024 [8]. - The sale of 40 Light Delivery Devices (LDD™s) saw a significant decline, with a 45% decrease compared to Q1 2025 and a 49% decrease compared to Q2 2024 [8]. - As of June 30, 2025, the installed base of LDDs increased to 1,084, a 34% growth from 810 LDDs at the end of Q2 2024 [8]. Revised 2025 Guidance - Full-year revenue guidance has been revised downward to a range of $120.0 million to $130.0 million, a decrease from the previous range of $160.0 million to $175.0 million, implying a decrease of 14% to 7% compared to 2024 [9]. - Gross margin guidance has been increased to a range of 72% to 74%, up from the previous range of 71% to 73%, representing an increase of 130 to 330 basis points compared to 2024 [9]. - Operating expense guidance is set between $145.0 million and $155.0 million, indicating an increase of 7% to 14% compared to 2024, which includes non-cash stock-based compensation expenses estimated between $27.0 million and $30.0 million [9].
RxSight, Inc. to Participate in the Stifel 2025 Virtual Ophthalmology Forum
Globenewswire· 2025-05-20 20:10
Core Insights - RxSight, Inc. is an ophthalmic medical device company focused on providing customized vision solutions for patients post-cataract surgery [3] - The company will participate in the Stifel Virtual Ophthalmology Forum on May 27, 2025, featuring a fireside chat with management [2] Company Overview - RxSight offers the RxSight® Light Adjustable Lens system, which includes the Light Adjustable Lens (LAL®/LAL+®) and the Light Delivery Device (LDD™), the first adjustable intraocular lens technology available commercially [3] - This technology allows for post-surgery adjustments, enabling personalized vision outcomes for cataract surgery patients [3] Event Participation - The management of RxSight is scheduled for a fireside chat at 10:30 a.m. Pacific Time / 1:30 p.m. Eastern Time on May 27, 2025 [2] - A live and archived webcast of the presentation will be accessible on the company's investor relations website [2]
RxSight, Inc. to Report First Quarter 2025 Financial Results on May 7, 2025
Globenewswire· 2025-04-23 20:05
Core Insights - RxSight, Inc. will report its financial results for Q1 2025 on May 7, 2025, after market close [1] - A conference call to discuss the results will take place at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time [1] Company Overview - RxSight, Inc. specializes in ophthalmic medical devices, focusing on customized vision solutions for patients post-cataract surgery [3] - The company's flagship product, the RxSight® Light Adjustable Lens system, is the first and only intraocular lens technology that can be adjusted after surgery, allowing for tailored vision correction [3] Conference Call Details - Participants can join the conference call by dialing (800) 715-9871 or (646) 307-1963, using conference code: 8740296 [2] - The call will be available in listen-only mode via the company's investor relations website, with an archived recording accessible shortly after the call [2]