LENSAR (LNSR) to Release Earnings on Thursday

LENSAR (NASDAQ:LNSR) will announce its earnings results before the market opens on Thursday, May 9th. Parties interested in listening to the company’s conference call can do so using this link.

LENSAR (NASDAQ:LNSR) last released its earnings results on Monday, March 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.22). LENSAR had a negative return on equity of 40.53% and a negative net margin of 34.11%. The firm had revenue of $12.11 million for the quarter.

LENSAR Trading Up 1.6 %

Shares of NASDAQ LNSR opened at $3.26 on Wednesday. LENSAR has a twelve month low of $1.80 and a twelve month high of $5.30. The firm has a 50-day moving average of $3.62 and a two-hundred day moving average of $3.33. The company has a market capitalization of $37.16 million, a price-to-earnings ratio of -1.82 and a beta of 0.49.

Analyst Ratings Changes

Separately, Lake Street Capital assumed coverage on shares of LENSAR in a research note on Tuesday, March 19th. They set a “buy” rating and a $8.00 target price for the company.

About LENSAR

LENSAR, Inc, a commercial-stage medical device company, focuses on designing, developing, and marketing a femtosecond laser system for the treatment of cataracts and the management of pre-existing or surgically induced corneal astigmatism. It offers LENSAR Laser System that incorporates a range of proprietary technologies designed to assist the surgeon in obtaining visual outcomes, efficiency, and reproducibility by providing imaging, procedure planning, design, and precision.