Ma'ariv: Medical technology firm Lumenis to cut 2002 forecasts - TheStreet

Lumenis (Nasdaq:LUME) is expected to markedly lower sales and profit forecasts for 2002 within a week, Ma'ariv reports.

Analysts currently expect the company will post $420 million revenue and $1.35 earnings per share for 2002. Last year revenue came to $315.2 million.

Lumenis, formerly ESC Medical Systems, makes laser-based systems designed for a range of medical and cosmetic uses.