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Stock buy-back ups AMO (Advanced Medical Optics) earnings forecast:

This article was originally published in Clinica

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Executive Summary

Advanced Medical Optics has raised its earnings outlook for 2006 and 2007 to reflect the impact of the $450m planned note offering and $500m share and note repurchase announced last week (see Clinica No 1209 p 14). The Santa Ana, California-based ophthalmic firm now expects to achieve earnings of $2.03-$2.19 per share for 2006, and over $2.60 per share for 2007. Revenue guidance remains unchanged at $1.02-1.04bn for 2006, and $1.1-1.2bn for 2007.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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