tiprankstipranks
Nova Eye Medical Sees Strong Sales Growth in Key Markets
Company Announcements

Nova Eye Medical Sees Strong Sales Growth in Key Markets

Nova Eye Medical (AU:EYE) has released an update.

Don't Miss Our Christmas Offers:

Nova Eye Medical Limited reported a 32% increase in global sales for the quarter ending September 2024, driven by strong demand in the USA and China. The company is optimistic about future growth, particularly in the USA, where favorable reimbursement policies and a large market for glaucoma surgical devices present significant opportunities. Nova Eye aims to achieve breakeven in its glaucoma segment in FY25, bolstered by robust sales of its iTrack™ Advance canaloplasty device.

For further insights into AU:EYE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskNova Eye Medical Announces Director’s Securities Change
TipRanks Australian Auto-Generated NewsdeskNova Eye Medical Issues New Performance Rights
TipRanks Australian Auto-Generated NewsdeskNova Eye Medical Updates on Director’s Securities Changes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App