Candela Reports Third Quarter Results

WAYLAND, Mass.--(BUSINESS WIRE)--Candela Corporation (NASDAQ:CLZR) today reported results for the third fiscal quarter. Revenues of $38.7 million declined from $42.3 million in the prior year period. The company cited build delays that affected the ability to ship approximately $2.0 million of new products in the period. The lower reported revenues had a direct impact on net income, which declined to $1.5 million, or $0.07 per share, compared with $5.0 million and $0.21 per share, respectively, for the same period last year.
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