LCA-Vision Reports Q4 Procedure Volume up 4% Over Prior Year
LCA-Vision (NASDAQ: LCAV today reported that 12,033 procedures were performed during the fourth quarter of 2013, an increase of 4% over the 11,613 procedures performed during the fourth quarter of 2012. This is the second consecutive quarter of year-over-year growth in procedure volume.
Michael Celebrezze, chief executive officer of LCA-Vision, said, "Although the quarter started off slowly with sluggish appointment bookings during the federal government shutdown in October, we are very encouraged by the strong rebound in our business during the remainder of the fourth quarter. Our team worked hard to increase procedure volume for the second consecutive quarter, reversing the negative comparisons we experienced in the first half of the year. With the cost savings initiatives instituted throughout the year, coupled with revenue increases in the second half, we expect to report a significant improvement in financial performance from our core LASIK business in 2013."