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Laserscope Reports Results for First Quarter 1999

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SAN JOSE, Calif., April 22 -- Laserscope reported revenues of $11.9 million for the quarter ended March 31, 1999, compared with $13.6 million for the same quarter in 1998. After excluding revenues of $1.9 million recorded in the first quarter of 1998 from the sale of Laserscope's hospital equipment business to Heraeus Medical in November 1998, comparable first quarter year-to-year sales rose from $11.7 million to $11.9 million. The company reported a net loss for the quarter of $0.64 million, or $0.05 per share, compared to a net loss of $0.23 million, or $0.02 per share, for the first...Read full article

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    Published: April 1999
    News & FeaturesLasers

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