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STAA — STAAR Surgical News Story

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STAAR Surgical jumps after preliminary Q1 sales beat

** Vision correction lens maker STAAR Surgical's STAA.O shares jump 19.8% to $25 premarket after preliminary Q1 sales beat estimates on strong China demand

** Q1 sales of $90 mln, more than double year-on-year, analysts' average estimate of $73 mln - LSEG-compiled data

** STAA missed sales estimates in previous quarter

** Nine of 10 brokerages rate the stock "hold" and 1 "sell" or lower; their median PT is $21

** As of last close, STAA down 9.6% YTD

 (Utkarsh Tushar Hathi in Bengaluru)

 ((utkarshtushar.hathi@thomsonreuters.com; 91-9900310515))

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