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VISX Reports Record Revenues, Announces Stock Split

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SANTA CLARA, Calif., April 16 -- VISX Inc. has reported 1999 first quarter revenues of $53,949,000 compared to $24,310,000 for first quarter 1998. Net income for the first quarter of 1999 was $19,731,000, or $0.58 per share, compared to net income of $8,962,000, or $0.29 per share, for the comparable period of the prior year.
The Company, a developer of refractive laser technology, also announced that its board of directors has approved a two-for-one stock split payable in the form of a 100 percent stock dividend to shareholders of record on April 27, 1999. Upon completion of the stock split, the number of shares outstanding will be approximately 63 million.

Photonics.com
Apr 1999
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