ISEE Emerging Vision Inc. featured news, full reports, and detailed charts
Emerging Vision Inc. (ISEE/ISEE.OB) Wrap Up:
Emerging Vision, Inc., together with its subsidiaries, operates a chain of retail optical stores and franchises optical chains in the United States. It offers eye care products and services, such as prescription and non-prescription eyeglasses, eyeglass frames, ophthalmic lenses, contact lenses, sunglasses, and a range of ancillary items. The company and its franchisees operate retail optical stores under the trade names, Sterling Optical, Site For Sore Eyes, Duling Optical, and Singer Specs. It also operates a specialized health care maintenance organization. As of December 31, 2007, Emerging Vision owned and operated 158 Sterling Stores, which include 12 company-owned stores and 146 franch...www.emergingvision.com
72 Employees
Founded in 1992
Emerging Vision Inc. (ISEE:OTC Bulletin Board Market)
LAST $0.10 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Emerging Vision Inc. (ISEE)
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OPEN
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PREVIOUS CLOSE
$0.10
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
07/13/09 - $0.33
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52 WEEK LOW
12/23/08 - $0.05
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MARKET CAP
12.3M
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AVERAGE VOLUME 3 mo
5.2K
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DILUTED EPS TTM
$-0.01
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SHARES OUTSTANDING
129.2M
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ISEE Does Not Pay Dividends
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P/E TTM
NM
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ISEE Top Compensated Officers
Mr. Christopher G. Payan
Chief Executive Officer, President, Executive...
Age: 34
Total Annual Compensation: $275.0K
Mr. Neil Glachman
President of Combine Buying Group Inc
Age: 55
Total Annual Compensation: $260.0K
Mr. Samuel Z. Herskowitz
Chief Marketing Officer and President of Fran...
Age: 39
Total Annual Compensation: $190.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Emerging Vision Inc. (ISEE)
Emerging Vision Inc. Announces Resignation of Jeffrey Rubin from the Board of Directors
11/6/2009
Emerging Vision Inc. announced that on November 4, 2009, Jeffrey Rubin resigned from the board of directors.
Emerging Vision Announces Termination of Christopher Payan as Chief Executive Officer and President
09/4/2009
Emerging Vision Inc. announced that on September 3, 2009, the company and Christopher Payan, the company's Chief Executive Officer and President, have determined not to renew Mr. Payan's employment agreement when it expires on November 30, 2009. The Board of Directors has commenced a search for a new CEO.
Emerging Vision Inc. Reports Earnings Results for the First Quarter Ended March 31, 2009
05/16/2009
Emerging Vision Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported a net income of $230,000. In contrast, the company posted a net income of $720,000 for the same quarter in the previous year.
ISEE Competitors
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Industry Analysis
| Valuation | ISEE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 2.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
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ISEE transactions
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More Recent News About Emerging Vision Inc.
More news for ISEE
EMERGING VISION INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS This Quarterly Report, as of and for the three and nine months ended September 30, 2009, (the "Report") contains certain forward-looking statements and information relating to the Company that is based on the beliefs of the Company's management, as well as assumptions made by, and information currently available to, the Company's management. When used in this Report, the words "anticipate", "believe", "estimate", "expect", "there can be no assurance", "may", "could", "would", "might", "intends" and similar expressions and their negatives, as they relate to the Company or the Company's management, are intended to identify forward-looking statements. Such statements reflect the view of the Company at the date they are made with respect to future events, are not guarantees of future performance and are subject to various risks and uncertainties as identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2008 and those described from time to time in previous and future reports filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein with the forward-looking statements referred to above and as set forth in this Report. The Company does not intend to update these forward-looking statements for new information, or otherwise, for the occurrence of future events. Segment results for the three and nine months ended September 30, 2009, as compared to the three and nine months ended September 30, 2008 Consolidated Segment Results Total revenues for the Company decreased approximately $2,524,000, or 13.2%, to $16,589,000 for the three months ended September 30, 2009, as compa...Click here to read the whole Article (external link)
EMERGING VISION INC Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for EMERGING VISION INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for EMERGING VISION INC 6-Nov-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes onl...Click here to read the whole Article (external link)
EMERGING VISION INC Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue16,995 14,349 14,724 19,113 Cost of Revenue13,568 10,945 11,233 15,181 Gross Profit3,427 3,404 3,491 3,932 Operating ExpensesResearch Development - - - - Selling General and Administrative3,414 3,113 3,850 3,682 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss13 291 (359)250 Income from Continuing OperationsTotal Other Income/Expenses Net(22)10 (13)25 Earnings Before Interest And Taxes(9)301 (372)275 Interest Expense58 57 79 80 Income Before Tax(67)244 (451)195 Income Tax Expense(3)14 880 (24)Minority Interest - - - - Net Income From Continuing Ops(64)230 (1,331)219 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items...Click here to read the whole Article (external link)
EMERGING VISION INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Show all filings for EMERGING VISION INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for EMERGING VISION INC 4-Sep-2009Change in Directors or Principal Officers, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provid...Click here to read the whole Article (external link)
Christopher Payan to Depart Emerging Vision
GARDEN CITY, N.Y.--(BUSINESS WIRE)--Emerging Vision, Inc. (OTCBB – ISEE) today announced that Christopher Payan, the Company’s Chief Executive Officer and President, and the Company have determined not to renew Mr. Payan’s employment agreement which is set to expire on November 30, 2009. Dr. Alan Cohen, Chairman of the Board, acknowledged Mr. Payan’s instrumental role in “the turnaround of Emerging Vision and the Company’s expansion into new business sectors. We are grateful to Chris for the leadership he has provided and wish him the very best in his future endeavors.â€Mr. Payan commented that he is “thankful for the opportunity to have been a part of Emerging Vision for the past eight years. I am proud of what our team has accomplished and the many relationships built. I’m committed to helping the Company ensure a smooth transition and look forward to following the company’s future success.â€Dr. Cohen added that "The Board of Directors has commenced a search for a new CEO.â€About Emerging VisionEmerging Vision, Inc. is a leading provider of eye care products and services and currently operates one of the largest franchised optical chains in the United States. Principally under the Sterling Optical and Site for Sore Eyes brands, the Company has 140 franchised and company-owned stores located across 13 states, the District of Columbia, Canada and the U.S. Virgin Islands. Most of the Company's stores offer prescription and non-prescription eyeglasses, eyeglass frames, ophthalmic lenses, contact lenses, sunglasses, and a range of ancillary items. The Company also ...Click here to read the whole Article (external link)
EMERGING VISION INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS This Quarterly Report, as of and for the three and six months ended June 30, 2009, (the "Report") contains certain forward-looking statements and information relating to the Company that is based on the beliefs of the Company's management, as well as assumptions made by, and information currently available to, the Company's management. When used in this Report, the words "anticipate", "believe", "estimate", "expect", "there can be no assurance", "may", "could", "would", "might", "intends" and similar expressions and their negatives, as they relate to the Company or the Company's management, are intended to identify forward-looking statements. Such statements reflect the view of the Company at the date they are made with respect to future events, are not guarantees of future performance and are subject to various risks and uncertainties as identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2008 and those described from time to time in previous and future reports filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein with the forward-looking statements referred to above and as set forth in this Report. The Company does not intend to update these forward-looking statements for new information, or otherwise, for the occurrence of future events. Segment results for the three and six months ended June 30, 2009, as compared to the three and six months ended June 30, 2008 Consolidated Segment Results Total revenues for the Company decreased approximately $3,684,000, or 17.8%, to $16,995,000 for the three months ended June 30, 2009, as compared to $20,679,000 for ...Click here to read the whole Article (external link)
EMERGING VISION INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Conditions and Results of Operations This Quarterly Report, as of and for the three months ended March 31, 2009, (the "Report") contains certain forward-looking statements and information relating to the Company that is based on the beliefs of the Company's management, as well as assumptions made by, and information currently available to, the Company's management. When used in this Report, the words "anticipate", "believe", "estimate", "expect", "there can be no assurance", "may", "could", "would", "might", "intends" and similar expressions and their negatives, as they relate to the Company or the Company's management, are intended to identify forward-looking statements. Such statements reflect the view of the Company at the date they are made with respect to future events, are not guarantees of future performance and are subject to various risks and uncertainties as identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2008 and those described from time to time in previous and future reports filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein with the forward-looking statements referred to above and as set forth in this Report. The Company does not intend to update these forward-looking statements for new information, or otherwise, for the occurrence of future events. In order to more accurately detail our financial information and performance, the Company has made changes to the format of this Report and changed its segment reporting. The Company has simplified its Consolidated Condensed Statements of Income to expand the segment reporting to detail each segment's revenue and expense. Management's discussio...Click here to read the whole Article (external link)
EMERGING VISION INC Files SEC form 10-K, Annual Report
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations This Report (the "Report") contains certain forward-looking statements and information relating to the Company that is based on the beliefs of the Company's management, as well as assumptions made by, and information currently available to, the Company's management. When used in this Report, the words "anticipate", "believe", "estimate", "expect", "there can be no assurance", "may", "could", "would", "might", "intends" and similar expressions and their negatives, as they relate to the Company or the Company's management, are intended to identify forward-looking statements. Such statements reflect the view of the Company at the date they are made with respect to future events, are not guarantees of future performance and are subject to various risks and uncertainties as identified in Item 1A. Risk Factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein with the forward-looking statements referred to above and as set forth in this Report. The Company does not intend to update these forward-looking statements for new information, or otherwise, for the occurrence of future events. In order to more accurately detail our financial information and performance, the Company has made changes to the format of this Report and changed its segment reporting. The Company has simplified its Consolidated Statements of Operations to expand the segment reporting to detail each segment's revenue and expense. Management's discussion and analysis of financial conditions and results of operations concentrates on describing segment performance through the use of new detailed financial tables, which will assist the reader in understanding each business segment and how it relat...Click here to read the whole Article (external link)
EMERGING VISION INC Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balan
Show all filings for EMERGING VISION INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for EMERGING VISION INC 13-Apr-2009Creation of a Direct Financial Obligation or an Obligation under an Off-Balan Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information prov...Click here to read the whole Article (external link)
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