Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

OptiCare Health Systems Reports Positive First Quarter
Jun 2000
WATERBURY, Conn., May 8 -- OptiCare Health Systems, Inc. (OPT), an integrated eye care services company, has released its financial reports for the first quarter ended March 31, 2000. Net revenues increased 92 percent to $34.7 million, compared with a net revenue of $18.1 million for the same 1999 period. OPT reported a net income of $294,000 for the period ended March 31, 2000, or $0.03 per basic common share, a 112 percent increase over the $139,000 reported in the 1999 period.
We are pleased to start off the year with solid results in which we demonstrated a 50 percent increase in our net income per share over last quarter, said Dr. Dean Yimoyines, president and CEO of OPT. Our Managed Care services segment continued to perform solidly with $9.1 million in revenues a 9 percent increase over the $8.3 million reported last quarter.
OPT provides laser vision correction and managed care and professional eye care services. It also provides Internet-based software solutions to the eye-care industry.

News & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.