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Monrovia Company Reports Smaller Q4 Loss

Monrovia's Staar Surgical reported a smaller net loss for the fourth quarter of 2016 than for the previous year's fourth quarter; $200,000 compared to a loss of $800,000 the previous year. Adjusted net income for the fourth quarter of 2016 was $800,000 compared with an adjusted net income of $500,000 for the same quarter in the prior year. For the full year, the company had an adjusted net loss of four cents per share.

- Brad Haugaard

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