PhotoMedex Inc. (PHMD) reported that net income for the fourth quarter of 2012 was $5.9 million or $0.27 per share, compared to a net loss of $3.0 million or $0.22 per share for the fourth quarter of 2011.
The latest-quarter included $1.4 million in stock-based compensation expense and $1.4 million in depreciation and amortization expenses, while the prior year quarter included $5.2 million in stock-based compensation expense and $0.3 million in depreciation and amortization expenses.
Non-GAAP adjusted income per share was $0.45 up from $0.22 last year.
Revenues for the fourth quarter of 2012 were $54.8 million, compared to revenues for the fourth quarter of 2011 of $28.8 million. Included in the latest-quarter Revenues were $7.2 million in revenues from pre-merged PhotoMedex. The prior quarter result included $1.5 million of revenues from pre-merged PhotoMedex. Analysts polled by Thomson Reuters expected the company to report earnings of $0.21 per share on revenues of $52.78 million for the quarter. Analysts' estimates typically exclude special items.
The company expects revenues for the first quarter of 2013 to be more than $57 million. Analysts expect the company to report revenues of $57.80 million for the first-quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.