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Biotech / Medical : Laserscope (NASDAQ LSCP) -- Ignore unavailable to you. Want to Upgrade?


To: John Finley who wrote (269)7/21/1999 11:46:00 AM
From: Dick Martin  Read Replies (1) | Respond to of 314
 



Laserscope Reports Second Quarter and First
Half 1999 Results for the period ended June 30, 1999.
biz.yahoo.com

>>Revenues in the second quarter were $9.6 million compared to $13.1 million in the same period a year ago.
>>net loss for the quarter of $4.0 million, or $0.31 per share, compared to a net loss of $2.0 million,
or $0.16 per share,

>> Eric Reuter, Laserscope's newly appointed President and CEO, said ''The decline in revenues
during the most recent quarter was due to weakness in both the aesthetic and traditional medical markets domestically and
internationally. We are, however, working toward revenue and profitability improvement during the second half of the year
with the introduction of our new hair removal laser featuring extended duration pulse (EDP) technology.

Regards Dick Martin