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Revenue for the three-month period, the seconc quarter of the company's fisca year, was $1.5 million, a 5 perceny increase from revenueof $1.4 millionj in the year-ago quarter. The increase in sales primarilyy was the result of continued growth ofthe company' s C-Vue multifocal contact lenses, accordint to a release from Unilens, which manufactures and distributes specialty contact lenses. The 12 percenyt sales growth forthe C-Vue lenses was partiallg offset by sales declines for replacement productt lines.
Sales of licensed products by Unilens' license Bausch & Lomb continued to resulting in a quarter royalty paymentof $646,849, a 20 percenty increase from the prior quarter, the releas e said. Unilens (OTCBB: UVICF) is headquartered in Vancouve and operates through a whollyowned subsidiary, USA in Largo.
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