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Syneron Medical Ltd. (ELOS) Reports Third Quarter 2016 Revenue Of $71.5 Million



11/10/2016 4:02:42 PM

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IRVINE, Calif., Nov. 9, 2016 /PRNewswire/ -- Syneron Medical Ltd. (NASDAQ: ELOS), a leading global aesthetic device company, today announced financial results for the three month period ended September 30, 2016.

Third Quarter 2016 Financial Highlights:

Revenue of $71.5 million, up 15.3% year-over-year

Product revenue up 18.6% year-over-year, including 19.5% North America and 18.1% international growth

Emerging products revenue of $24.1 million, which represents the Company's strategic growth drivers, grew 61% year-over-year

Total Body Shaping revenue of $14.2 million grew 46% year-over-year

GAAP earnings per share of $0.02, compared to GAAP loss per share of $(0.18) in Q3 2015; non-GAAP earnings per share of $0.08, compared to non-GAAP earnings per share of $0.03 in Q3 2015

Cash position as of September 30, 2016 of $82.9 million with no debt; generated $3.9 million in cash flow from operations

Read at PR Newswire


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