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LaserSight Announces Results, Financing

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WINTER PARK, Fla., April 1 -- LaserSight Inc. announced financial results for the fourth quarter and year ended December 31, 1998. The Company also announced the completion of a $9 million equity private placement. Revenues for the fourth quarter of 1998 were $3.3 million, compared with approximately $4.0 million for the same period of 1997, adjusted for the sale of LaserSight's two health care subsidiaries sold in December 1997. Excluding these adjustments, revenues for the fourth quarter of 1997 were $6.3 million. Revenues in the fourth quarter of 1998 were lower than in previous quarters...Read full article

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