Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / RXST - RxSight: Promising Technology Uncertain Profitability - A Hold Recommendation

RXST - RxSight: Promising Technology Uncertain Profitability - A Hold Recommendation

RxSight Inc.

2024-05-01 06:06:07 ET

Summary

  • RxSight offers a revolutionary adjustable IOL technology with superior outcomes and reduced side effects compared to traditional IOLs.
  • The company's "razor-and-blade" business model, with the LAL and LDD, provides precise post-surgical vision adjustments.
  • Despite impressive revenue growth, RxSight remains unprofitable, leading to a "Hold" recommendation due to high valuation and ongoing cash burn.

Introduction

For further details see:

RxSight: Promising Technology, Uncertain Profitability - A Hold Recommendation
Stock Information
Company Name: RxSight Inc.
Stock Symbol: RXST
Market: NASDAQ
Website: rxsight.com
Menu
RXST RXST Quote RXST Short RXST News RXST Articles RXST Message Board
Get RXST Alerts

News, Short Squeeze, Breakout and More Instantly...