Tue 09/12/2023 11:05 AM
Global manufacturer of eye surgery products BVI Medical generated $86.5 million of sales during the second quarter, which was up 3.3% on the $83.7 million it generated in the same quarter last year. Adjusted EBITDA fell 12.1% to $19.5 million from $22.3 million over the same period. However, excluding the impact of currency moves and reimbursements in Korea, sales would have been up 10% year over year and adjusted EBITDA up 4% year over year, sources said.
The topline development was better...
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