Second Sight Medical Products manufactures and markets implantable visual prosthetics to enable blind individuals to achieve greater independence. The Company's product, the Argus II System, treats outer retinal degenerations, such as retinitis pigmentosa (RP). The Argus II System provides an artificial form of vision that differs from the vision of people with normal sight.
TypePublic
HQLos Angeles, US
Founded1998
Size (employees)112 (est)+2%
Websitesecondsight.com
Second Sight Medical Products was founded in 1998 and is headquartered in Los Angeles, US
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Second Sight Medical Products Office Locations

Second Sight Medical Products has an office in Los Angeles
Los Angeles, (HQ)
12477 San Fernando Rd
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Second Sight Medical Products Financials and Metrics

Second Sight Medical Products Revenue

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Second Sight Medical Products's revenue was reported to be $7.96 m in FY, 2017
USD

Revenue (Q3, 2018)

2.2m

Gross profit (Q3, 2018)

462.0k

Gross profit margin (Q3, 2018), %

20.6%

Net income (Q3, 2018)

(8.5m)

EBIT (Q3, 2018)

(8.5m)

Market capitalization (4-Dec-2018)

73.5m

Closing stock price (4-Dec-2018)

1.0

Cash (30-Sep-2018)

5.0m
Second Sight Medical Products's current market capitalization is $73.5 m.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

9.0m4.0m8.0m

Revenue growth, %

(55%)

Cost of goods sold

5.3m10.1m5.1m

Gross profit

3.7m(6.1m)2.8m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

1.7m2.7m2.2m1.1k1.0m1.2m1.0m2.2m1.6m976.0k1.9m2.2m

Cost of goods sold

1.3m1.6m757.1k912.03.2m2.6m1.1m1.1m1.0m668.0k836.0k1.8m

Gross profit

404.3k1.1m1.5m141.0(2.2m)(1.4m)(118.0k)1.1m609.0k308.0k1.1m462.0k

Gross profit Margin, %

24%41%66%13%(213%)(122%)(12%)50%38%32%56%21%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

239.0k539.0k604.0k

Accounts Receivable

1.5m274.0k1.8m

Inventories

1.1m717.0k2.7m

Current Assets

26.8m15.3m13.2m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

652.3k407.4k268.7k459.0184.0k277.0k266.0k763.0k639.0k5.0m7.5m5.0m

Accounts Receivable

1.3m1.2m1.3m822.0677.0k447.0k782.0k926.0k668.0k475.0k718.0k1.2m

Inventories

6.4m6.8m8.1m9.1k7.4m5.8m3.1m3.1m3.2m2.8m3.6m3.6m

Current Assets

38.4m35.7m31.9m21.1k32.5m24.7m28.6m22.8m17.7m9.1m12.4m10.3m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(20.0m)(33.2m)(28.5m)

Depreciation and Amortization

335.0k432.0k

Inventories

(2.5m)10.0k3.9m

Accounts Payable

197.0k446.0k(419.0k)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(5.0m)(9.9m)(14.5m)(5.8k)(14.3m)(22.8m)(7.5m)(14.4m)(21.1m)(9.8m)(17.7m)(26.2m)

Depreciation and Amortization

111.0k222.0k329.0k

Inventories

(1.1m)(2.4m)(816.0)(659.0k)(166.0k)1.0m1.9m2.0m21.0k(947.0k)(1.1m)

Accounts Payable

414.4k(182.7k)31.3k(3.0)(39.0k)(16.0k)(269.0k)(528.0k)(299.0k)857.0k471.0k795.0k
USDY, 2018

Financial Leverage

2.9 x
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Second Sight Medical Products Operating Metrics

FY, 2016

Patents Issued

381

Patents Pending

126
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Second Sight Medical Products Online and Social Media Presence

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Second Sight Medical Products Blogs

Second Sight Receives $1.6 Million Grant from National Institutes of Health to Support Orion Clinical Development

Second Sight Receives $1.6 Million Grant from National Institutes of Health to Support Orion Clinical Development Content Import Tue, 09/18/2018 - 08:03 Second Sight Receives $1.6 Million Grant from National Institutes of Health to Support Orion Clinical Development Sep 18, …

Second Sight Medical Products Company Life and Culture

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Second Sight Medical Products Frequently Asked Questions

  • When was Second Sight Medical Products founded?

    Second Sight Medical Products was founded in 1998.

  • How many employees does Second Sight Medical Products have?

    Second Sight Medical Products has 112 employees.

  • What is Second Sight Medical Products revenue?

    Latest Second Sight Medical Products annual revenue is $8 m.

  • What is Second Sight Medical Products revenue per employee?

    Latest Second Sight Medical Products revenue per employee is $71.1 k.

  • Who are Second Sight Medical Products competitors?

    Competitors of Second Sight Medical Products include EDAP TMS, Electromed and Atrion.

  • Where is Second Sight Medical Products headquarters?

    Second Sight Medical Products headquarters is located at 12477 San Fernando Rd, Los Angeles.

  • Where are Second Sight Medical Products offices?

    Second Sight Medical Products has an office in Los Angeles.

  • How many offices does Second Sight Medical Products have?

    Second Sight Medical Products has 1 office.