Candela's sales and profits up.WAYLAND Wayland, town (1990 pop. 11,874), Middlesex co., E Mass., W of Boston; settled c.1638, inc. 1835. Electronic and chemical research is carried on there. , Mass.--(BUSINESS WIRE)--Jan. 26, 1996--Candela Corp. (CLZR) announced today that its revenue and profits for its second quarter grew over the same quarter one year ago and over its first quarter. The company reported revenue for the quarter ended Dec. 30, 1995 of $7,261,000, an increase over the same quarter last year of 12 percent. The company posted net income for the quarter of $381,000, $.07 per share, versus a loss of $680,000, $.13 per share, for the same quarter a year earlier. For the six-month period, the company reported revenue of $12,836,000 versus $11,957,000 last year, an increase of 7 percent year to year. Net income for the first six months was $288,000, $.05 per share, compared with a loss of $1,960,000, $.38 per share, a year ago. Gerard Gerard is a male forename of Germanic origin, variations of which exist in many Germanic and Romance languages. The name derives from Old Germanic 'ger' ('spear') and 'hard' ('hard/strong/brave'). Its meaning is 'strong/brave with the spear'. E. Puorro, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Candela candela (kăndĕ`lə), in weights and measures: see candle. A unit of measurement of the intensity of light. Part of the SI system of measurement, one candela (cd) is the monochromatic radiation of 540THz with a radiant intensity stated, "We are obviously pleased with our second quarter results, in particular, our international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. were quite strong. Also during the quarter, we opened our first Candela Skin Care Center and are encouraged with its progress to date. Equally as exciting is the recent introduction of our two new devices, the ScleroLASER ScleroLaser™ Vascular disease A laser for treating telangiectasia/veins of the leg instead of sclerotherapy to treat leg veins and our AlexLAZR to remove pigmented pigmented /pig·ment·ed/ (pig-ment´id) colored by deposit of pigment. pig·ment·ed adj. Colored as the result of a deposit of pigment. lesions and tattoos. Overall, we are enthused by the activity we see in all of our business groups and remain confident about the future.
Candela Corp. (CLZR)
(in thousands except per share data)
(unaudited)
For the For the
Three months ended Six months ended
Dec. 30, Dec. 31, Dec, 30, Dec. 31,
1995 1994 1995 1994
Revenue $7,261 $6,487 $12,836 $11,957 Cost of sales 3,946 3,896 7,275 7,354 Gross profit 3,315 2,591 5,561 4,603 Operating expenses: Research and development 373 897 747 1,901 Selling, general and administrative 2,293 2,399 4,155 4,753 Total operating expenses 2,666 3,296 4,902 6,654 Income (loss) from operations 649 (705) 659 (2,051) Other income (expense): Interest income 21 15 48 35 Interest expense (9) (9) (19) (17) Other (30) 19 (150) 73 Total other income (expense) (18) 25 (121) 91 Income (loss) before income taxes 631 (680) 538 (1,960) Provision for income taxes 250 -- 250 -- Net income (loss) $381 ($680) $288 ($1,960) Net income (loss) per share $0.07 ($0.13) $0.05 ($0.38) Weighted average number of common and common equivalent shares outstanding 5,435 5,224 5,372 5,224 CONTACT: Candela Corp Candela Laser Corporation (NASDAQ: CLZR) is an American laser company that develops and sells medical lasers for cosmetic use located in Wayland, Massachusetts. History Candela Laser Corporation was founded in 1970. . Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a J. Olsen Olsen may refer to:
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