PhotoMedex (PHMD) Reports In-Line Q1 adj.-Loss of 5c/Share

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PhotoMedex Reports First Quarter Financial Results

May 11, 2015 11:22 AM EDT

HORSHAM, Pa.--(BUSINESS WIRE)-- PhotoMedex, Inc. (NasdaqGS and TASE: PHMD) reports financial results for the three months ended March 31, 2015.

Financial highlights of the first quarter of 2015 include the following (all comparisons are with the first quarter of 2014 and all figures quoted are GAAP, unless stated otherwise):

Revenues of $28.1 million, a decrease of 44% Gross profit of $20.2 million, a decrease of 49% Non-GAAP adjusted loss per share of ($0.05), compared with non-GAAP adjusted income per share of $0.23 Net loss (including discontinued... More