Synergetics, Inc. Reports Higher Net Income for Fourth Quarter and Fiscal 2010

O’FALLON, Mo.--(BUSINESS WIRE)--Synergetics USA, Inc. (NASDAQ: SURG), a medical device company that designs, manufactures, and markets innovative microsurgical devices for ophthalmic and neurosurgical applications, today reported higher net income for the fourth quarter and fiscal year ended July 31, 2010. The Company reported fourth quarter 2010 net income increased to $1.0 million, or $0.04 per diluted share, compared with $87,000, or $0.00 per diluted share, in the fourth quarter of 2009, and net income rose to $5.7 million, or $0.23 per diluted share, in fiscal 2010 compared with $1.6 million, or $0.07 per diluted share, in fiscal 2009.

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