Analyst Research Report Snapshot

Title:

OPTOS - DON’T PANIC

Price:

$10.00

Provider:

Edison Investment Research

Date:

21 May 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

OPTS.L

Available for Immediate Download
Summary:

Optos reported disappointing H113 figures, but the headline declines largely reflect accounting distortions and hide the underlying sales strength. New sales of 492 systems (441 net) in wide-field retinal image highlight the traction being gained across the US, Europe and Japan (324 were outright sales, with 168 new leases). FY13 marks a year of transition, and despite launch problems, Daytona will help expand revenues in FY14.

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