If we look at the segments of our business we have the professional aesthetic devices, which is as people know Syneron historically it’s a major segment of our business, approximately 90% of our revenues as well as the emerging business units and we will have time this afternoon to spend some time on Syneron Beauty and our elure, which is a very exciting opportunity. It’s a $2 billion at least the smallest segment alone is a $2 billion opportunity and when Fabian speaks he is going to talk about the multiple segments that exists. And we see this is a major growth engine for the company.On the trailing 12 months our revenue is $241 million, 31% of this is occurring on a recurring basis we have $142 million in cash a very strong balance sheet and we have significant tax advantage being headquartered in Israel. As I mentioned just previously we look at our business in two segments professional aesthetic devices where we have established brands, proven efficacy, we have an install base of close to 20,000 users of our products. We are running on seven consecutive quarters of double-digit revenue growth in professional aesthetic devices and last quarter we’ve had a 21% year-over-year growth with an 8% operating margin in this segment.
Syneron Medical's CEO Hosts Investor Meeting Conference (Transcript)
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