PhotoMedex (PHMD) Reports Q4 Loss of $0.09

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PhotoMedex Reports 2014 Fourth Quarter and Full Year Financial Results

March 16, 2015 4:00 PM EDT

HORSHAM, Pa.--(BUSINESS WIRE)-- PhotoMedex, Inc. (NASDAQ and TASE: PHMD) today announced financial results for the three and 12 months ended December 31, 2014.

Financial highlights of the fourth quarter of 2014 include the following (all comparisons are with the fourth quarter of 2013 and all figures quoted are GAAP, unless stated otherwise):

Revenues of $38.9 million, a decrease of 39% Gross profit of $28.1 million, a decrease of 45% Non-GAAP adjusted loss per share of ($0.09), compared with non-GAAP adjusted income per share of $0.37 Net... More