RTTNews | Aug 20, 2021 11:45AM EDT

11:45 Friday, August 20, 2021 (RTTNews.com) - Shares of STAAR Surgical Company (STAA) are slipping over 6% on Friday morning despite no stock-specific news to hurt the shares. STAA is currently trading at $129.97, down $8.64 or 6.23%, on the Nasdaq.

Early this month, STAAR reported second-quarter profit of $8.57 million or $0.17 per share, compared to a loss of $1.17 million or $0.03 per share last year. Adjusted earnings were $13.54 million or $0.27 per share for the period. Analysts had expected earnings of $0.03 per share for the quarter.

Revenues for the quarter surged to $62.37 million from $35.19 million in the same period last year.

For the full year, the company expects revenues of $227 million to $230 million.

Read the original article on RTTNews ( https://www.rttnews.com/3220234/staar-surgical-shares-slip-6.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved