BUZZ-Lensar jumps on quarterly revenue beat

Reuters

2025/02/28

** Shares of medtech firm Lensar LNSR.O rise 28.8% to $12.20 in afternoon trade

** Company posts Q4 revenue of $16.7 million, benefiting from its cataract surgery tech system, ALLY, beating analysts' estimates of $14.90 million, according to data compiled by LSEG

** Company posts Q4 net loss of $1.61 per share, vs estimates of 18 cents

** Expects Q1 revenue growth to align with 2024 rate

** In the past 12 months, LNSR up 94%

(Reporting by Siddhi Mahatole)

((Siddhiprabhanjan.mahatole@thomsonreuters.com))

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