LENSAR (LNSR)
NASDAQ:LNSR
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.17Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but stabilizing picture: operational fundamentals improved with durable recurring revenue growth (+9% YoY to $12.6M), installed-base expansion (+12% to ~440 systems) and rising procedure volumes (~54k). At the same time, near-term financials show weaknesses driven by a sharp decline in system revenue (~$0.8M vs $2.6M prior), a negative adjusted EBITDA (-$0.31M), modest cash ($13.5M), and one-time/non‑cash items that materially inflated GAAP net income. Management reports growing commercial momentum post-transaction (demos, distributor POs, product roadmap) but acknowledges it will take several quarters to rebuild international placements and fully restore prior growth rates. Overall, the call balances encouraging operational signs and strategic clarity against measurable near-term financial and timing challenges.Company Guidance
Recurring Revenue Growth and Mix
Recurring revenue was $12.6M in Q1 2026, up $1.1M or 9% year-over-year, and represented ~94% of total revenue; management noted recurring revenue is annualizing over $50M, highlighting a more durable revenue base.
Installed Base Expansion
Placed 7 ALLY systems in the quarter bringing ALLY installed base to ~205 systems (ALLY now ~half of global installed base); total installed base of ALLY and LLS reached ~440 systems, up 12% versus March 31, 2025; backlog included ~11 systems pending installation.
Procedure Volume and Market Share
Performed ~54,000 procedures in Q1 2026 versus ~52,000 in Q1 2025 (and 39,000 in 2024); U.S. procedure market share was 23.4%, consistent with the prior quarter.
Commercial Momentum Post-Transaction
Post-merger termination activity showed encouraging signs: distributor purchase orders were received after quarter-end, management expects to ship systems outside the U.S. this quarter (first time in ~1 year), >50 system demos at ASCRS and ~77 participants on a users Webex demonstrating renewed surgeon/distributor engagement.
Reported Operating Expense Reduction (Transaction-Related)
Total operating expenses declined to $4.1M from $12.9M year-over-year, with reported SG&A down to $2.5M from $11.1M primarily due to a $4.4M credit and elimination of acquisition-related costs; when excluding acquisition-related charges, SG&A was stable at $6.9M year-over-year.
Strategic Product Roadmap and Management Focus
Management emphasized a clear go-forward strategy to rebuild placements and grow recurring revenue, and outlined R&D priorities including additional corneal applications, increased robotic functionality and docking automation for the ALLY platform — positioning for continued technological leadership.
LNSR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LNSR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2026 | $5.23 | $5.64 | +7.84% |
Mar 31, 2026 | $5.87 | $5.96 | +1.53% |
Nov 06, 2025 | $12.52 | $11.44 | -8.63% |
Aug 07, 2025 | $13.03 | $12.84 | -1.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does LENSAR (LNSR) report earnings?
LENSAR (LNSR) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is LENSAR (LNSR) earnings time?
LENSAR (LNSR) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LNSR EPS forecast?
LNSR EPS forecast for the fiscal quarter 2026 (Q2) is -0.17.