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Candela Posts Record Quarter in Profits and Revenues

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WAYLAND, Mass., Aug. 17 -- Candela Corp. reported a record breaking fourth quarter for revenues and profits, due in part to the popularity of its GentleLASE hair removal device and several fourth-quarter orders for the Vbeam -- a device used in vascular treatments. The company reported revenues of $22.4 million for the final three months of 2000 ended July 1, compared with revenues of $18.7 million for the same 1999 period, an increase of 20 percent. For the entire fiscal year 2000 the company reported $75.4 million in revenues, compared with $58.6 million last year, a 29...Read full article

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    Published: August 2000
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