Candela second quarter results.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)--Feb. 3, 1995--Candela Laser Corp. (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) today announced results for its second fiscal quarter ending Dec. 31, 1994. Revenue for the quarter was $6,487,000, versus $7,215,000 for the same quarter last year, a decrease of 10 percent. Net loss for the quarter was $680,000, versus a profit of $137,000 for the second quarter of fiscal 1994. The loss per share for the quarter was $.13, versus a profit of $.03 a year earlier. Revenue for the first six months of the fiscal year was $11,957,000, versus $13,832,000 last year, a decrease of 13.6 percent. Net loss for the first six months was $1,960,000, versus a profit of $144,000 one year ago. Loss per share for the first six months was $.38, versus net income of $.03 for the same period last year. Mr. 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 chief executive officer, stated, "While revenue was up sequentially se·quen·tial adj. 1. Forming or characterized by a sequence, as of units or musical notes. 2. Sequent. se·quen over our first fiscal quarter, it fell below our expectations." Puorro further stated, "Geographically, our domestic and Far East markets continue to be sluggish. Nonetheless, we remain cautiously cau·tious adj. 1. Showing or practicing caution; careful. 2. Tentative or restrained; guarded: felt a cautious optimism that the offer would be accepted. optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op about the future."
Candela Laser Corp. (CLZR)
(in thousands except per share data)
(unaudited)
Three months ended Six months ended
Dec. 31, Jan. 1, Dec, 31, Jan. 1,
1994 1994 1994 1994
Revenue $6,487 $7,215 $11,957 $13,832 Cost of sales 3,896 3,704 7,354 7,313 Gross profit 2,591 3,511 4,603 6,519 Operating expenses: Research and development 897 878 1,901 1,902 Selling, general and administrative 2,399 2,407 4,753 4,421 Total operating expenses 3,296 3,285 6,654 6,323 Income (loss) from operations (705) 226 (2,051) 196 Other income (expense): Interest income 15 35 35 51 Interest expense (9) (7) (17) (19) Other income (expense) 19 (20) 73 16 Total other income (expense) 25 8 91 48 Income (loss) before income taxes (680) 234 (1,960) 244 Provision for income taxes -- 97 -- 100 Net income (loss) $680 $137 ($1,960) $144 Net income (loss) per share ($.13) $0.03 ($0.38) $0.03 Weighted average number of common and common equivalent shares outstanding 5,224 5,243 5,224 5,202 CONTACT: 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 Laser Corp. 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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