Progressive lens specialist Shamir reported a rise in second quarter net income of 20.8 per cent to $2m from $1.7m in the prior year quarter and it has raised its top-line growth forecast for the fiscal year ending on December 31, 2007.
For the quarter ended June 30, Shamir reported revenues increased by 19.8 per cent to $29.6 million compared to the same period last year.
Net income for the quarter was $2.2 million or $0.13 per share, up 4.1 per cent from $2.1 million for the same period in 2006.
Commenting on the results, Shamir's chief executive officer, Giora Ben-Ze've said: 'During the second quarter Shamir delivered steady results across all of our businesses, which have been performing within their respective budgets.'
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