- American City Business Journals•5 months ago
PhotoMedex Inc. entered into a definitive agreement to sell its remaining consumer and professional skin care products — including its no!no! brand of hair removal products — to DS Healthcare Group in a deal valued at $48 million. The proposed deal comes eight months after Horsham-based PhotoMedex (PHMD) sold its laser skin care device business to MELA Sciences (SSKN) for $42.5 million. DS Healthcare, a developer of topical pharmaceutical and personal care products, is based in Pompano, Fla. The acquisition is structured so PhotoMedex shareholders will receive a combination of a $20 million in convertible preferred stock, a $4.5 million note and 8.75 million shares of common stock.
- Capital Cube•7 months ago
Click here to see latest analysisDS Healthcare Group, Inc. reports financial results for the quarter ended September 30, 2015.DS Healthcare Group, Inc. has an earnings momentum score of 27.99 and has a relative valuation rating of NEUTRAL. HighlightsSummary numbers: Revenues of USD 3.64 million, Net Earnings of USD -0.57 million, and Earnings per Share (EPS) […] (Read more...) The post DS Healthcare Group, Inc. Earnings Analysis: Q3, 2015 By the Numbers appeared first on CapitalCube.
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