26, the company posted a net loss of $3.6 million on about $26.2 million in sales, compared with a net loss of $4 million on sales of $26.6 million during the same period last year.Ĭompany officials said the quarterly results included $2.3 million in expenses related to the merger. Candela (formerly Syneron Candela) is a leading global non-surgical aesthetic device company with a comprehensive. 19 by Candela CEO Gerard Puorro.Ĭandela has about $94 million in current assets that could be converted to cash within a year, according to regulatory filings.ĭuring the three months ended Sept. When the deal was announced, Syneron said Candela would maintain both its brand and Bay State operations.īoth companies are in the thick of final integration plans this week, according to an email sent to employees Oct.
Candela corp skin#
Syneron, an Israeli maker of hair removal devices, agreed in early September to purchase Candela for $2.84 per share, a 51 percent premium. Established in 1970, Candela Medical is an US-based with innovation technologies in pulsed-dye laser, CO2 laser skin resurfacing, fractional laser, intense pulsed light (IPL), radio-frequency (RF) microneedling machines for the aesthetic industry. Syneron Candela is a leading global aesthetic device company with a comprehensive product portfolio and a. distributes electrical products to electrical distribution, specialty lighting, and OEM industries. will get a nice rebate on its $65 million acquisition of Candela Corp.Ĭandela, the Wayland, Mass.-based cosmetic laser maker, ended the first quarter of fiscal 2010 with more than $23 million in the bank, down slightly from the same period last year but still enough to cover about a third of the price Syneron agreed to pay for Candela last month. Syneron Candela Corporation Australia Pty.
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