LCA-Vision Reports 2011 Third Quarter Procedure Volume
Same-Store Volume Increases 18%; Total Volume up 8%
Financial Results Conference Call Set for October 25 at 10:00 a.m. Eastern Time
CINCINNATI, Oct. 4, 2011 /PRNewswire/ -- LCA-Vision Inc. (NASDAQ: LCAV), a leading provider of laser vision correction services under the LasikPlus® brand, today reported that 12,444 procedures were performed during the third quarter of 2011, an increase of 8% compared with 11,497 procedures (60 vision centers) during the third quarter of 2010. This is the first year-over-year quarterly increase in total procedures since the third quarter of 2007. Same-store procedures (53 vision centers) increased by 18% from 10,569 procedures during the third quarter of 2010, the fourth consecutive quarter of year-over-year same-store procedure growth.
"Based on discussions with industry sources, we believe our volume growth well outpaced the laser vision correction market throughout the third quarter," said LCA-Vision Chief Operating Officer David L. Thomas. "We attribute this outstanding performance to the effectiveness of our refined marketing programs, which drove significantly higher scheduled and attended pre-operative appointments compared with the prior year."
LCA-Vision will release third quarter 2011 financial results prior to market opening on Tuesday, October 25, 2011. A conference call and webcast to discuss the results also will be held on Tuesday, October 25, 2011 at 10:00 a.m. Eastern time.
To access the conference call, dial 866-322-1352 (within the United States and Canada), or 706-643-6246 (international callers). The webcast will be available at the investor relations section of LCA-Vision's website. A replay of the call and webcast will begin approximately two hours after the live call has ended. To access the replay, dial 855-859-2056 (within the United States and Canada), or 404-537-3406 (international callers) and enter the conference ID number: 99896255.
About LCA-Vision Inc./LasikPlus®
LCA-Vision Inc., a leading provider of laser vision correction services under the LasikPlus® brand, operates 53 LasikPlus® fixed-site laser vision correction centers in 26 states and 41 markets in the United States. Additional company information is available at www.lca-vision.com and www.lasikplus.com.
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For Additional Information
Investor Relations Contact:
Lippert/Heilshorn & Associates
SOURCE LCA-Vision Inc.
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