Optos plc (OPTS.L) Monday reported a surge in first-quarter revenues to $41.9 million from $25.7 million a year ago, thanks to "significant" growth in finance lease rentals. On an underlying basis, revenues went up 20 percent, with like-for-like underlying sales climbing 11 percent.
While revenues from outright device and product sales increased to $9.6 million from $3.7 million, device sales under finance leases resulted in revenues of $13.2 million this year, compared to $0.8 million a year ago. Optos noted that the 425 renewals recorded in the quarter were boosted by a strategy that extended customer contracts while managing the transition from P200 devices to Daytona.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.