Candela Corp. reported unaudited consolidated earnings results for the first quarter ended September 26, 2009. The company reported that revenues for the quarter ended September 26, 2009 were $26.2 million compared to $26.665 million for the same period of last year. Net loss for the quarter was $3,627,000 or $0.16 per basic and diluted share compared to net loss of $4,009,000 or $0.18 per basic and diluted share for the same period of last year. The current quarter results include approximately $2.3 million of expenses related to merger efforts. The company reported loss from operations of $4.864 million, loss from continuing operations before income taxes of $4.644 million and loss from continuing operations of $3.584 million or $0.16 per basic and diluted share compared to loss from operations of $6.531 million, loss from continuing operations before income taxes of $6.605 million and loss from continuing operations of $3.519 million or $0.16 per basic and diluted share for the same period of last year.

Candela Corp. expected to Report Q2 2010 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 20, 2009).

Holzer Holzer & Fistel, LLC announced a shareholder class action lawsuit has been filed against Candela Corp. and certain of its directors alleging violations of state law in connection with the buyout of the company by Syneron Medical Ltd. According to the complaint, Candela shareholders will receive 0.2911 shares of Syneron in exchange for each Candela share they own. The complaint alleges Candela's directors breached their fiduciary duty by approving the buyout for inadequate consideration. Further, the complaint alleges Candela's directors breached their fiduciary duties by failing to employ an adequate process to evaluate the transaction.