KITS Eyecare Reports Record Revenue Growth in Q3 2024, Driven by Strong Customer Demand and Operational Efficiency

Kits Eyecare Ltd. (KITS) announced record revenue growth of 34.4% in the third quarter of 2024, reaching $41.9 million. The company attributed this growth to strong repeat customer revenue in both contact lenses and eyeglasses, with higher average order values. KITS also reported a significant milestone in glasses revenue, up 43.2% year-over-year, and welcomed a record number of new customers.

Ultra-Thin Material Brings Night Vision to Everyday Eyewear

Scientists in Australia have developed an ultra-thin material that can capture both infrared and visible light, paving the way for compact, efficient night-vision systems that could be integrated into everyday eyeglasses. This new technology eliminates the need for bulky components and complex processes, offering potential applications in surveillance, autonomous navigation, and biological imaging.

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