Please ensure Javascript is enabled for purposes of website accessibility

Syneron Medical Misses on the Top and Bottom Lines

By Seth Jayson - Updated Apr 7, 2017 at 11:51AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Just the facts, Fool.

Syneron Medical (Nasdaq: ELOS) reported earnings on Nov. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Syneron Medical missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP loss per share dropped.

Margins grew across the board.

Revenue details
Syneron Medical tallied revenue of $60.1 million. The five analysts polled by S&P Capital IQ looked for sales of $65.5 million on the same basis. GAAP reported sales were 5.5% higher than the prior-year quarter's $57.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.03. The five earnings estimates compiled by S&P Capital IQ predicted $0.04 per share. GAAP EPS were -$0.06 for Q3 against -$1.14 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 53.2%, 260 basis points better than the prior-year quarter. Operating margin was -3.6%, 6,130 basis points better than the prior-year quarter. Net margin was -3.8%, 6,660 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $72.7 million. On the bottom line, the average EPS estimate is $0.12.

Next year's average estimate for revenue is $268.8 million. The average EPS estimate is $0.24.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 719 members out of 753 rating the stock outperform, and 34 members rating it underperform. Among 199 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 191 give Syneron Medical a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Syneron Medical is buy, with an average price target of $17.38.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Syneron Medical Ltd. Stock Quote
Syneron Medical Ltd.

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/20/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.