Glaukos’ Net Sales Grow 12 Percent in Q1-2018

May 11, 2018: By Jon Swedien

Glaukos’ net sales grew to $40.1 million in Q1-2018, a 12 percent increase over Q1-2017, the San Clemente, California, company announced May 9.

The growth reflected unit volume increases worldwide, a modest increase in the average selling price of iStents sold to US ambulatory surgical centers, and growth of Glaukos’ direct sales operations in international markets, the company reported.

Glaukos launched the iStent, the first minimally invasive glaucoma surgery (MIGS) device, in 2012. The device now faces growing competition, with other MIGS stents commercialized in late 2016 and 2017.

Glaukos reaffirmed its net sales guidance for 2018 of $160 million to $165 million.

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