Candela Expects to Report Record Quarterly Revenues for Its 2nd Fiscal Quarter.WAYLAND, Mass.--(BW HealthWire)--Jan. 12, 1999--Candela Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLZR) announced today that, while its financial results for the second fiscal quarter ended December 26, 1998 are still preliminary, the company presently expects its revenue for the quarter to be at a record high level over any quarter in the company's history. The previous record quarterly revenue level was achieved in the fourth quarter of fiscal 1998, when revenues were $12,063,000. This preliminary estimate is based upon information currently available to the company, and the company is not presently projecting the level of net income it expects to achieve for the quarter. 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 expects to report its financial results for the quarter ending December 26, 1998 on January 21, 1999. The company released this information prior to its Annual Meeting of Stockholders which will take place today, January 12, 1999. About Candela Candela Corporation develops, manufactures, and distributes innovative clinical solutions that enable physicians, surgeons and personal care practitioners to treat selected cosmetic and medical conditions See carpal tunnel syndrome, computer vision syndrome, dry eyes and deep vein thrombosis. using lasers, cryosurgery cryosurgery (krī`ōsr'jərē), bloodless surgical technique using a supercooled probe to destroy diseased or superfluous tissue. and other proven technologies. Founded near Boston in 1970, Candela markets and services its products in over 40 countries from offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and Asia. Candela established the aesthetic laser market 11 years ago. With an installed base of over 2,000 lasers worldwide, more than 500,000 aesthetic laser procedures are performed annually with Candela laser systems. For more information about Candela, visit the company's web site at http://www.clzr.com. This press release includes certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Any such statements are subject to risks that could cause the actual results to vary materially, including negative developments relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc unforeseen order cancellations or push-outs, Candela's strategic relationships, the impact of intense competition, and changes in the laser industry. |
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