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Positive Visx says Icahn has "nothing new"

This article was originally published in Clinica

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Executive Summary

Ophthalmic laser company Visx says its earnings-per-share for the first quarter will be $0.20-$0.21 - compared with analysts' expectations of $0.18 - due in part to a sequential 23% increase in licensing revenues. The good news compares with a profit warning for the previous quarter (see Clinica No 940, p 14). At the same time, the company has urged shareholders not to accept financier Carl Icahn's proxy nominees for the board.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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