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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:07 EDTLCAVLCA Vision sees FY13 CapEx $1.2M-$1.5M
The company does not plan to open any new full-service vision centers in the near-term. The company intends to test the value of satellite vision centers in certain established LasikPlus markets. For Q1, the company expects marketing and advertising expenses to be between $6.5M-$7M. The company estimates that the number of procedures companywide necessary to reach cash-flow breakeven from its LASIK business at approximately 58,000 annually. The company expects to continue to incur start-up losses and capital investment during the expansion phase for its cataract business.
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