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September 04, 2015 8:22 PM ET

Healthcare Equipment and Supplies

Company Overview of Second Sight Medical Products, Inc.

Company Overview

Second Sight Medical Products, Inc. develops, manufactures, and markets implantable prosthetic devices to restore functional vision to blind patients in the United States, Canada, Europe, and Saudi Arabia. It offers Argus II System, an implantable neurostimulation device that uses electrical stimulation of the retina to replace the function of the defunct photo-receptors in retinitis pigmentosa patients. Second Sight Medical Products, Inc. sells its Argus II System to university hospitals, teaching hospitals, medical centers, and ambulatory surgical centers. The company was formerly known as Second Sight LLC. Second Sight Medical Products, Inc. was founded in 1998 and is headquartered in Syl...

12744 San Fernando Road

Building 3

Sylmar, CA 91342

United States

Founded in 1998

121 Employees

Phone:

818-833-5000

Fax:

818-833-5067

Key Executives for Second Sight Medical Products, Inc.

Chief Financial Officer
Age: 59
Total Annual Compensation: $144.4K
Vice President of European Operations
Age: 43
Total Annual Compensation: $220.6K
Vice President of Clinical and Regulatory Affairs
Age: 45
Total Annual Compensation: $219.5K
Vice President of Manufacturing
Age: 57
Total Annual Compensation: $204.2K
Consultant
Age: 46
Total Annual Compensation: $207.6K
Compensation as of Fiscal Year 2014.

Second Sight Medical Products, Inc. Key Developments

Second Sight Medical Products, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Second Sight Medical Products, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $2,661,099 against $611,477 a year ago. Loss from operations was $4,947,493 against $5,562,876 a year ago. Net loss was $4,922,375 or $0.14 basic and diluted per share against $7,541,075 or $0.32 basic and diluted per share a year ago. Non GAAP net loss was $4,282,143 or $0.12 per share against $5,321,137 or $0.23 per share a year ago. The increase in revenue was primarily due to a higher number of implanted Argus II retinal prostheses in the second quarter of 2015 versus the year-ago quarter. For the six months, the company reported net sales of $4,361,181 against $1,268,203 a year ago. Loss from operations was $9,908,271 against $10,019,361 a year ago. Net loss was $9,878,712 or $0.28 basic and diluted per share against $13,979,828 or $0.60 basic and diluted per share a year ago. Non GAAP net loss was $8,670,051 or $0.24 per share against $9,178,162 or $0.40 per share a year ago.

Second Sight Medical Products, Inc. to Report Q2, 2015 Results on Aug 04, 2015

Second Sight Medical Products, Inc. announced that they will report Q2, 2015 results After-Market on Aug 04, 2015

Second Sight Medical Products, Inc., Q2 2015 Earnings Call, Aug 04, 2015

Second Sight Medical Products, Inc., Q2 2015 Earnings Call, Aug 04, 2015

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