Optos upbeat on rise in third-quarter revenues

Eyecare specialist Optos today said it was confident about its full-year prospects after enjoying a rise in revenues for the third quarter.

The Dunfermline-based firm, which revealed in May that its first-half profits had more than doubled, said sales have been boosted after winning more customers for its Daytona retinal scanning device.

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Headline revenues for the three months to the end of June grew 5 per cent from a year earlier to $42 million (£24.5m). The company added 364 new customers.

Chief executive Roy Davis said: “We continue to see sustained demand for our unique ultra-widefield products, in particular within North America and Asia, resulting in a 15 per cent increase in our installed base.

“As we enter into Q4, traditionally our strongest quarter, we remain confident on the outlook for the full year.”