Syneron Medical reports 4Q loss

YOKNEAM ILLIT, Israel (AP) _ Syneron Medical Ltd. (ELOS) on Wednesday reported a fourth-quarter loss of $896,000, after reporting a profit in the same period a year earlier.

The Yokneam Illit, Israel-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 14 cents per share.

The medical aesthetic device maker posted revenue of $82.9 million in the period.

For the year, the company reported net income of $179,000, or 1 cent per share, swinging to a profit in the period. Revenue was reported as $298.1 million.

Syneron Medical shares have risen 23 percent since the beginning of the year. The stock has increased 48 percent in the last 12 months.


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Keywords: Syneron Medical, Earnings Report