LCA-Vision Reports Fourth Quarter 2012 Procedure Volume
Financial Results Conference Call Set for February 19 at 10:00 a.m. Eastern
CINCINNATI, Jan. 3, 2013
CINCINNATI, Jan. 3, 2013 /PRNewswire/ --LCA-Vision Inc. (NASDAQ: LCAV), a
leading provider of laser vision correction services under the LasikPlus^®
brand, today reported that 11,613 procedures were performed during the fourth
quarter of 2012, compared with 14,205 procedures performed during the fourth
quarter of 2011.
"We believe that fourth quarter procedure volume was negatively impacted by
consumer uncertainty about the "fiscal cliff" automatic tax increases and
spending cuts, as well as by Hurricane Sandy as 16 LasikPlus^® ^ vision
centers are located in the affected region. We also faced a very difficult
comparison with the prior-year period in which year-over-year same-store
procedures grew 33 percent and total procedures increased 30 percent," said
LCA-Vision Chief Financial Officer Michael J. Celebrezze. "Our actions to
support patient acquisition in the current market environment include refining
messages and optimizing methods of delivery under our direct-to-consumer model
and expanding our partner network of optometrists and other eye health
professionals as referral sources."
LCA-Vision will release fourth quarter 2012 financial results prior to the
market open on Tuesday, February 19, 2013 with a conference call and webcast
to follow at 10:00 a.m. Eastern time.
To access the conference call, dial 866-322-1352 (within the United States and
Canada), or 706-643-6246 (international callers). The webcast will be
available at the investor relations section of LCA-Vision's website. A replay
of the call and webcast will begin approximately two hours after the live call
has ended. To access the replay, dial 855-859-2056 (within the United States
and Canada), or 404-537-3406 (international callers) and enter the conference
ID number: 85275830.
About LCA-Vision Inc./LasikPlus^®
LCA-Vision Inc., a leading provider of laser vision correction services, owns
and operates 55 LasikPlus^® vision centers in the United States: 51
full-service LasikPlus^® fixed-site laser vision correction centers and four
pre- and post-operative LasikPlus^® satellite centers.
Earning Trust Every Moment; Transforming Lives Every Day.
For Additional Information
Jody Cain, LHA
SOURCE LCA-Vision Inc.
Press spacebar to pause and continue. Press esc to stop.