(Reuters) - BOSTON, June 26 - Advanced Medical Optics Inc.
cut its outlook for this year and next following the
recall last month of its Complete MoisturePlus contact-lens
solution, but expects to introduce a replacement product by the
end of the third quarter.
The company said on Tuesday that it now expects 2007
revenue of between $1.05 billion and $1.07 billion, and an
adjusted loss of 95 cents to $1.15 a share. Previously it had
forecast sales of between $1.15 billion and $1.18 billion and
earnings of $1.40 to $1.55 per share.
Read more at Reuters.com Mergers News
cut its outlook for this year and next following the
recall last month of its Complete MoisturePlus contact-lens
solution, but expects to introduce a replacement product by the
end of the third quarter.
The company said on Tuesday that it now expects 2007
revenue of between $1.05 billion and $1.07 billion, and an
adjusted loss of 95 cents to $1.15 a share. Previously it had
forecast sales of between $1.15 billion and $1.18 billion and
earnings of $1.40 to $1.55 per share.
Read more at Reuters.com Mergers News
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