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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
Founded1998
HQLos Angeles, US
Websitesecondsight.com

Latest Updates

Employees (est.) (Feb 2019)112
Revenue (FY, 2017)$8 M(+100%)
Share Price (Mar 2019)$0.8 (+4%)

Second Sight Medical Products Office Locations

Second Sight Medical Products has an office in Los Angeles
Los Angeles, US (HQ)
12477 San Fernando Rd, Sylmar
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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 (18-Mar-2019)

104.4m

Closing stock price (18-Mar-2019)

0.8

Cash (30-Sep-2018)

5.0m
Second Sight Medical Products's current market capitalization is $104.4 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 Medical Products, Inc. Announces Completion of Rights Offering

Second Sight Medical Products, Inc. Announces Completion of Rights Offering ChristianLloyd… Mon, 02/25/2019 - 19:18 Second Sight Medical Products, Inc. Announces Completion of Rights Offering Feb 21, 2019 This release is a backfill from a News Wire General …

Rights Offering Prospectus Supplement January 2019

Rights Offering Prospectus Supplement January 2019 mmarsh@seconds… Tue, 01/08/2019 - 19:54 Rights Offering Prospectus Supplement January 2019 Display "add to calendar" true Event Type Other Corporate Second Sight is …

Second Sight Medical Products, Inc. Announces $40 Million Rights Offering of Units and Two Year Extension of Warrants (EYESW) Expiration Date

LOS ANGELES , Jan. 07, 2019 (GLOBE NEWSWIRE) -- Second Sight Medical Products, Inc. (NASDAQ:EYES) (“Second Sight” or the “Company”), a developer, manufacturer and marketer of implantable visual prosthetics that are intended to create an artificial form of useful vision for blind individuals, today

Second Sight Reports Fourth Quarter 2018 Business Update

-- Full Year 2018 net revenue estimated to be in the range of $6.5-$6.9 million -- -- 6 th Orion patient scheduled for implantation at Baylor Medical Center -- LOS ANGELES , Jan. 07, 2019 (GLOBE NEWSWIRE) -- Second Sight Medical Products, Inc. (NASDAQ:EYES) (“Second Sight” or the “Company”), a

Second Sight Presentation at Digital Medicine and Medtech Showcase 2019

Second Sight Presentation at Digital Medicine and Medtech Showcase 2019 mmarsh@seconds… Thu, 12/20/2018 - 11:46 Second Sight to Present at Digital Medicine and Medtech Showcase 2019 Display "add to calendar" true Event Type Conference Presentatio…

Second Sight to Present at Digital Medicine and Medtech Showcase 2019

Second Sight to Present at Digital Medicine and Medtech Showcase 2019 Content Import Thu, 12/20/2018 - 08:08 Second Sight to Present at Digital Medicine and Medtech Showcase 2019 Dec 20, 2018 This release is a backfill from a News Wire General …
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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 Electromed, Skyline Medical and Atrion.

  • Where is Second Sight Medical Products headquarters?

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