Essilor Reports 15.4 Percent Rise in Operating Profit in FY 2014

By Staff
Friday, February 20, 2015 12:25 AM CHARENTON-LE-PONT, France— Essilor International (Reuters: ESSI.PA) reported a 15.4 percent increase in operating profit for the year ending December 31, 2014, along with a 12 percent rise in revenue.

Unilens Reports Improved Sales, Revenues and Profits for Q2 and First Half of Fiscal Year 2015

By Staff
Wednesday, February 18, 2015 12:23 AM LARGO, Fla.— Unilens Vision Inc. (OTCQX: UVIC) reported financial results for the second quarter and first half of fiscal year 2015, which ended Dec. 31, 2014, for the contact lens supplier.

Allergan Reports 13.8 Percent Sales Increase in Q4 2014

By Staff
Friday, February 06, 2015 12:23 AM IRVINE, Calif.— Allergan, Inc. (NYSE: AGN) reported total product net sales of $1,889.0 million for the quarter ended Dec. 31, 2014, an increase of 13.8 percent increase, or 17.2 percent on a constant currency basis, compared to total product net sales in the fourth quarter of 2013.

Eyeglass Lenses Drive Hoya’s 3Q 2014 Profits

By Staff
Monday, February 02, 2015 12:26 AM TOKYO— Hoya Corp. (TOKYO: 7741) reported gains in revenue and profit for the third quarter ended Dec. 31, 2014.

Presbia Announces Pricing of Initial Public Offering

By Staff
Monday, February 02, 2015 12:23 AM IRVINE, Calif.— Presbia PLC, an ophthalmic device company that has developed and is currently marketing the Presbia Flexivue Microlens, a proprietary optical lens implant for treating presbyopia, announced the pricing of its initial public offering of 4,166,667 ordinary shares at a public offering price of $10.00 per share, before underwriting discounts. All of the ordinary shares are being offered by Presbia.

Novartis Reports Sales Growth for FY 2014, Despite Sales Decline for Q4 2014

By Staff
Friday, January 30, 2015 12:23 AM BASEL, Switzerland— Novartis (NVS:NYSE) managed to deliver a growth in sales for fiscal year 2014, despite a sales decline in the fourth quarter of the year.

GrandVision IPO Could Value Company Between €4.4 Billion and €5.4 Billion

By Staff
Wednesday, January 28, 2015 12:26 AM SCHIPHOL, The Netherlands—GrandVision announced on Jan. 26 an indicative price range of between €17.50 and €21.50 a share for its planned public offering (IPO), a move anticipated for some time, as VMail has reported.

Vuzix Stock Begins Trading Today on NASDAQ Capital Market

By Staff
Wednesday, January 28, 2015 12:23 AM ROCHESTER, N.Y.— Vuzix Corp. (OTCQB: VUZI), a leading supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, has received approval from the NASDAQ Stock Market LLC ("NASDAQ") for the listing of its common stock on the NASDAQ Capital Market.

Eyewear Technology Impresses at International CES

By Staff
Friday, January 23, 2015 12:15 AM LAS VEGAS—The variety of smart glasses and other tech-enabled eyewear featured this month at International CES was more extensive than ever. Among the most impressive products on display were augmented reality glasses with heads-up displays designed for viewing e-mails, text and other data, immersive virtual reality goggles for 3D gaming and movies, and eye tracking systems that detect precisely what the wearing is seeing.

VM’s Eye2 editor, Andrew Karp, scouted the CES exhibit halls for the most innovative new eyewear products. View his personal guided tour of the show in this slideshow on VisionMonday.com.

Luxottica Releases Q4 and Full Year 2014 Results, New Co-CEOs Begin Tenure

By Staff
Wednesday, January 21, 2015 12:23 AM MILAN—The board of directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), have released the consolidated net sales and preliminary results for the fourth quarter of 2014 and the full fiscal year 2014.

GrandVision Announces Intention to Launch IPO in 2015

By Staff
Wednesday, January 14, 2015 12:23 AM AMSTERDAM, The Netherlands—GrandVision BV has formally announced its intention to launch an initial public offering (IPO) and list GrandVision ordinary shares on Euronet Amsterdam exchange sometime in 2015 “depending among other things on conditions in the financial markets,” a statement said.

European Online Optical Retailer, Mister Spex, Receives $40 Million in Financing

By Staff
Friday, January 09, 2015 12:23 AM BERLIN—One of Europe’s leading online optical retailers, Mister Spex completed its largest financing to date, raising $40 million in a round led by U.S. investment bank, Goldman Sachs, and with participation from existing investors, including Scottish Equity Partners, XAnge and DN Capital. The funds will be used to support the company’s domestic and international growth plans.

Vuzix Corporation Receives $24.8 Million Investment From Intel Corporation

By Staff
Wednesday, January 07, 2015 12:23 AM ROCHESTER, N.Y— Vuzix Corporation (OTCQB: VUZI) a leading supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, announced that Intel Corporation (NASDAQ: INTC) has made a $24.8 million investment in the company.

Zeiss Reports Revenue and Earnings Increase for FY 2013-2014

By Staff
Friday, December 19, 2014 12:23 AM STUTTGART, Germany— Despite unfavorable currency effects, Zeiss reported that revenue rose 2 percent, from €4.287 billion, up from €4.190 billion a year ago, for the fiscal year ended Sept. 30, 2014. Earnings (EBIT) grew by 14 percent to €360 million.

Cooper Companies Report Record Revenue for Fiscal Year

By Staff
Monday, December 08, 2014 12:23 AM PLEASANTON, Calif.— The Cooper Companies, Inc. (NYSE:COO) reported financial results for the fiscal fourth quarter and full year ended Oct. 31, 2014.
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