RXST Investors Have Opportunity to Join RxSight, Inc. Fraud Investigation with the Schall Law Firm
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RxSight reported its Q2 2025 financial results on July 9, 2025. The Company revealed declines in Light Delivery Devices ('LDD') sales and light adjustable intraocular lenses ('LAL') utilization, along with an overall revenue decline. The Company lowered its guidance for full year 2025, claiming that 'Adoption challenges over the last few quarters have been a primary reason for the LDD stall.' Based on this news, shares of RxSight fell by 37.8% on July 9, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
9 minutes ago
- Bloomberg
One of China's Few Surviving Builders Makes U-Turn on Debt Plans
Chinese developer Road King Infrastructure Ltd. is suspending all offshore debt payments, a reversal from a couple of months ago when it said it expected to have enough cash to pay interest on borrowings this year. The company said it should explore 'a holistic solution' to the situation, according to an exchange filing, a term that usually points to a debt restructuring.
Yahoo
19 minutes ago
- Yahoo
Stardust Power Advances Lithium Refinery Plans and Raises $4.5 Million in Q2
Stardust Power Inc. (Nasdaq: SDST) reported progress on its Oklahoma lithium refinery project in Q2 2025, securing $4.52 million from a public offering, advancing engineering studies, and forging a research partnership with Ohio University. During the quarter ended June 30, 2025, Stardust Power closed a $4.52 million underwritten public offering, completed major steps in its FEL-3 definitive engineering study, and partnered with Ohio University to accelerate lithium extraction and refining technology development. The FEL-3 study is now under third-party validation and internal review, a key milestone toward a Final Investment Decision for the company's proposed 50,000 metric ton per annum battery-grade lithium refinery in Muskogee, Oklahoma. Context The U.S. lithium supply chain remains constrained, with most refining capacity located abroad. Policy incentives and demand growth from the EV sector are driving domestic investment in lithium production. Stardust Power's strategy focuses on processing lithium from brine sources, offering a potentially lower-cost and sustainable route to battery-grade material. The partnership with Ohio University aims to bolster research capabilities and enhance processing efficiency—both critical in a market where technological and environmental considerations shape project viability. Financial Performance: Net loss: $3.7M (Q2 2025) vs. $2.7M (Q2 2024) Loss per share: $(0.06) vs. $(0.07) year-over-year Cash and equivalents: $2.6M as of June 30, 2025 Debt: None Operating cash outflow: $4.5M in H1 2025, reflecting higher investments, staffing, and administrative costs Investing cash outflow: $2.2M, largely for initial refinery capital expenditures Financing inflow: $8.4M, primarily from equity raises and warrant inducements, partially offset by loan repayments CEO Roshan Pujari said the company is 'well positioned' to meet the growing need for U.S.-based lithium refining, citing favorable policy trends and early signs of recovery in lithium markets. Read this article on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
39 minutes ago
- Bloomberg
Adyen Walks Back Growth Outlook as Clients Face Trade War Heat
Adyen NV said net revenue growth acceleration this year is unlikely, citing increased macroeconomic uncertainty from the trade war that is weighing on the volume of payments processed by the Dutch company. Market volume growth in the first half was slower than expected and those trends are expected to last the rest of the year, the Amsterdam-based company said in a statement on Thursday.
