| Business Summary | | Laser
Vision
Centers,
Inc.
provides
access
to
excimer
lasers,
microkeratomes,
other
equipment,
and
value
added
support
services
to
eye
surgeons
for
the
treatment
of
nearsightedness,
farsightedness,
astigmatism
and
cataracts.
Much
of
the
Company's
equipment
is
mobile
and
is
routinely
moved
from
location
to
location
in
response
to
customer
demand.
The
Company
also
provides
its
equipment
at
fixed
locations.
The
Company's
flexible
delivery
system
enlarges
the
pool
of
potential
locations,
eye
surgeons
and
patients
that
it
can
serve,
and
allows
it
to
effectively
respond
to
changing
market
demands.
Eye
surgeons
pay
the
Company
a
fee
for
each
procedure
they
perform
using
its
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Laser
Vision
Centers,
Inc.
provides
excimer
lasers
and
other
equipment
to
eye
surgeons
for
the
treatment
of
nearsightedness,
farsightedness,
astigmatism
and
cataracts.
For
the
fiscal
year
ended
4/30/01,
revenues
increased
9%
to
$96.1
million.
Net
income
applicable
to
Common
decreased
92%
to
$1.1
million.
Revenues
reflect
increased
number
of
U.S.
lasers
in
operation
and
eye
surgery
performed.
Earnings
were
offset
by
higher
personnel
and
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| John Klobnak, 50 Chairman
and CEO | $1.3M | James Wachtman, 40 Pres
and COO | 391K | Robert May, 54 Vice
Chairman, Gen. Counsel and Sec. | 313K | B. Charles Bono, lll, 53 CFO,
Exec. VP, Treasurer | 288K | James Tiffany, 44 VP
and Gen. Mang. -- MSS Cataract Division | 224K | Dollar
amounts are as of 30-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|