Consumer confidence leads to H2 warning for Visx:
This article was originally published in Clinica
Executive Summary
Laser vision correction company Visx has warned of lower revenues and profits for the second half of the year, due to weak consumer confidence - a major driver of demand for its technology. The Santa Clara, California-based company is expecting second-half EPS of $0.15-0.18, compared with consensus figure of $0.26. For the second quarter, the company had sales of $37m, the same as for the first quarter, but down from the $48m of the previous year's second quarter.