Carl Zeiss Meditec Reports $359.7 Million in Revenues for First Quarter of FY2018, a 5.3 Percent Increase

March 2, 2018: By Joan McKenna

Carl Zeiss Meditec reported Feb. 12 that its first quarter revenues for fiscal year 2018 totaled $359.7 million, a 5.3 percent increase over revenues of $341.7 million in the same period of the prior year.

Ludwin Monz, president and CEO, said the company’s investments in refreshing its portfolio in ophthalmology and microsurgery, as well as its efforts to increase its global presence, were paying off.

The Ophthalmic Devices strategic business unit saw a 4.2 percent increase in revenues in the first fiscal quarter, with a total of $264.0 million, compared with $253.4 million in the same period of the prior year.

Zeiss attributed the growth to all product areas (ophthalmic diagnostic products, lasers for refractive correction, and intraocular lenses).

Revenues in the Microsurgery segment grew by 8.2 percent.

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