Unilens Vision Inc., through its subsidiary, Unilens Corp. USA, manufactures, markets, distributes, and licenses specialty optical contact lens products. The company offers disposable lenses, custom soft lenses, gas permeable lenses, and replacement and other lenses. Its disposable lenses comprise C-Vue multifocal and C-Vue HydraVue multifocal cast molded blister-packed lenses, as well as C-Vue Aspheric single vision disposable soft contact lens for frequent replacement; C-Vue 1 Day Aspheric single vision daily disposable soft contact lens for one day wear; and silicone hydrogel C-Vue ADDvantage multifocal lens for monthly replacement. The company’s custom soft lenses include C-Vue Toric Mul...
10431 72nd Street North
Largo, FL 33777
Founded in 1982
Unilens Vision Inc. Declares Quarterly Cash Dividend Payable on Aug. 24, 2015
Aug 3 15
Unilens Vision Inc. declared the 36th consecutive quarterly cash dividend, payable on August 24, 2015 at $0.045 per common share to stockholders of record at the close of business on August 14, 2015.
Unilens Vision Inc. Declares Quarterly Cash Dividend Payable on May 22, 2015
May 19 15
Unilens Vision Inc. declared its 35th consecutive quarterly cash dividend on May 1, 2015, payable on May 22, 2015 to shareholders of record May 12, 2015. The annualized cash dividend payout of $0.18 per share provides shareholders a current yield of 2.0% based upon a common stock price of $9.00 per share at the close of stock market trading on May 13, 2015.
Unilens Vision Inc. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015
May 14 15
Unilens Vision Inc. announced consolidated earnings results for the third quarter and nine months ended March 31, 2015. Product sales for the quarter ended March 31, 2015 increased 5.4% to $1,622,422, compared with $1,539,250 in the third quarter of the previous fiscal year, due primarily to a 9.1% increase in C-Vue custom soft lens sales and a 4.7% increase in C-Vue disposable lens sales. Total revenue increased 4.5% to $2,214,037 in the most recent quarter, compared with $2,118,392 in the three months ended March 31, 2014. Operating income decreased 4.0% to $418,393, compared with $436,026 in the prior-year quarter. Net income declined 4.3% to $245,549 in the third quarter versus $256,696 in the third quarter of fiscal 2014. Diluted earnings per share totaled $0.14, compared with $0.15 in the year-earlier quarter, on 1.7% more average shares outstanding. Pre-tax income declined 3.5% to $369,565 compared with $382,821 in the corresponding period of the previous fiscal year.
For the first nine months of fiscal 2015, total revenue including royalty income increased 8.2% to $6,703,170, compared with total revenue of $6,193,913 in the nine months ended March 31, 2014. Total product sales increased 5.9% to $4,818,927, versus $4,548,497 in the first nine months of fiscal 2014. Operating income improved 12.9% to $1,289,169 (19.2% of total revenue) in the first nine months of fiscal 2015, compared with $1,142,301 (18.4% of total revenue) in the first nine months of fiscal 2014. Pre-tax income increased 13.0% to $1,142,967 in the nine months ended March 31, 2015, compared with $1,011,078 in the nine months ended March 31, 2014. The company reported a 12.9% increase in net income, which totaled $765,910 in the first nine months of fiscal 2015, versus $678,676 in the prior-year period. Diluted earnings per share increased 26.5% to $0.43 in the first nine months of fiscal 2015, compared with $0.34 in the first nine months of fiscal 2014. Cash provided by operating activities was $886,639 against $831,498 reported last year.