Wed 05/31/2023 10:20 AM
Global manufacturer of eye surgery products BVI Medical generated $86.4 million of sales during the first quarter, which was marginally above the $86 million it generated the same quarter last year. Adjusted EBITDA fell 8.2% to $21.3 million from $23.2 million over the same period. However, excluding the impact of currency moves and reimbursements in Korea both sales and adjusted EBITDA would have been up 13% year over year, sources said.
Net debt increased to $760.16 million, partly as a...
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