August 27, 2014 5:34 PM ET

Healthcare Equipment and Supplies

Company Overview of Lumenis Ltd.

Company Overview

Lumenis Ltd, together with its subsidiaries, develops and commercializes energy-based medical systems. The company operates in three segments: Surgical, Ophthalmic, and Aesthetic. The Surgical segment offers various surgical laser systems and accessories used for urology/genitourinary and ENT to hospitals, outpatient clinics, ambulatory surgery centers, and medical practices. The Ophthalmic segment sells ophthalmology laser systems and accessories, such as laser links, slit lamp microscopes, laser indirect ophthalmoscopes, physician eye safety filters, surgical laser probes, and others to ophthalmic practices, outpatient clinics, and ophthalmology departments of hospitals, primarily for use ...

Yokneam Industrial Park

PO Box 240

Yokneam,  2069204

Israel

Founded in 1991

1,061 Employees

Phone:

972 4 959 9000

Fax:

972 4 959 9050

Key Executives for Lumenis Ltd.

Lumenis Ltd. does not have any Key Executives recorded.

Lumenis Ltd. Key Developments

Lumenis Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revised Earnings Guidance for the Full Year Ending December 31, 2014

Lumenis Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues were $72,491,000 compared to $66,310,000 for the same period a year ago. Operating income was $5,112,000 compared to $10,994,000 for the same period a year ago.Net income was $3,518,000 or $0.10 per basic and diluted share compared to net income of $9,365,000 or $0.32 per basic and diluted share for the same period a year ago. Net cash used in operating activities was $984,000 compared to net cash provided by operating activities $11,977,000 for the same period a year ago. Purchase of property and equipment was $1,237,000 compared to $872,000 for the same period a year ago. For the six months, the company reported total revenues were $138,295,000 compared to $126,421,000 for the same period a year ago. Operating income was $6,698,000 compared to $12,732,000 for the same period a year ago.Net income was $381,000 or $0.01 per basic and diluted share compared to net income of $9,323,000 or $0.32 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $3,019,000 compared to $16,667,000 for the same period a year ago. Purchase of property and equipment was $2,156,000 compared to $1,510,000 for the same period a year ago. The company raising the guidance for the full year ended December 31, 2014. Revenue expected to be in the range of $284 million to $287 million, representing an increase of 7% to 8% year-over-year. This compares to prior revenue guidance of $282 million to $285 million. Adjusted EBITDA expected to be in a range of $29.1 to $30.6 million, representing an increase of 12% to 18% year-over year. This compares to prior EBITDA guidance of $28.6 to $30.2 million. Non-GAAP net income expected to be in a range of $18.1 to $19.6 million, representing an increase of 22% to 32% year-over-year, and Non-GAAP EPS of $0.51 to $0.55. This compares to prior net income guidance of $17.6 to $19.2 million and Non-GAAP EPS guidance of $0.50 to $0.54.

Lumenis Ltd. to Report Q2, 2014 Results on Aug 04, 2014

Lumenis Ltd. announced that they will report Q2, 2014 results After-Market on Aug 04, 2014

Lumenis Ltd., Q2 2014 Earnings Call, Aug 04, 2014

Lumenis Ltd., Q2 2014 Earnings Call, Aug 04, 2014

Similar Private Companies By Industry

Company Name Region
OB Tools Ltd. Middle East/Africa
Aespironics Ltd. Middle East/Africa
Dittekol Ltd. Middle East/Africa
MetaCure (Israel) Ltd. Middle East/Africa
Dia Cardio Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Lumenis Ltd., please visit www.lumenis.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.