PFO Global, Inc. Reports Unaudited Earnings Results for the Quarter Ended March 31, 2016
May 17, 2016 at 06:48 pm IST
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PFO Global, Inc. reported unaudited earnings results for the quarter ended March 31, 2016. For the period, the company’s revenue was $1,085 million against $988 million a year ago. Loss from operations was $843 million against $1,694 million a year ago. Net loss was $1,805 million or $0.09 per basic and diluted share against $2,564 million or $0.17 per basic and diluted share a year ago.
PFO Global, Inc. manufactures and delivers complete eyewear, prescription lenses and related services to the managed care insurance industry. It distributes distortion free polycarbonate lenses under the Resolution brand name. The Companyâs products include SmartCalc and SmartEyewear. SmartCalc proprietary software used to manufacture fully digital lens designs. Certain Company lenses are produced following the SmartCalc software calculation. SmartEyewear Online Ordering System a business-to-business online ordering software system which allows eye care providers to quickly provide all necessary information for each patientâs eyewear package and unique use. It integrates the optical provider directly with lab system. The Company utilizes this system for all of its electronic ordering.
PFO GLOBAL, INC. 
