WAYLAND, Mass.--(BUSINESS WIRE)--Candela Corporation (NASDAQ:CLZR) today reported results for the first fiscal quarter ended September 29, 2007. Revenues of $35.5 million in the first quarter increased from $33.5 million in the prior year period, while net income declined to $187,000, or $0.01 per share, compared with net income of $4.4 million, or $0.18 per share, for the same period last year. Net income in the first quarter last year included approximately $2.2 million of after-tax proceeds from a gain on sale of the minority interest in SOLX, Inc., while the first quarter 2008 results included approximately $390,000 of after-tax proceeds from remaining payments associated with this sale.
