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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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Solta receives FDA clearance - LipoSonix
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<p>[QUOTE="Anonymous, post: 4723703"]This posted this weekend on 1st quarter results.</p><p><br /></p><p>Solta's North America revenue declined year-over-year by 19% to $13.8 million (not included with be another 1.5million the posted from the sales of sound surgical that will be taken out as the merger looks like it will not go through). What a disaster.</p><p><br /></p><p>"Our first quarter was softer than we had planned due to issues that have been</p><p>identified and corrected," said Stephen J. Fanning, Chairman. Heard that the fix isn't that good and not to see much growth. This was from a horrible managment call on reducing the commissons for the account reps and having them compete against the capital reps with some of their products. A complete disaster that was vocalized internally but not responded to and hence the disaster results. Someone other than Fanning should be taking the fall for this as the management team is too thin to not know what was going on and attempt to stop this. Other than the fact that the mgmt team is entirely too inexperienced and probably too afraid to state the obvious pending disaster. </p><p><br /></p><p>Customers are wising up to the fact that Liposonix is too painful and coolsculpting is much easier, less painful and gets better results and end users are getting zero support in increasing sales from Solta. what a shame.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 4723703"]This posted this weekend on 1st quarter results. Solta's North America revenue declined year-over-year by 19% to $13.8 million (not included with be another 1.5million the posted from the sales of sound surgical that will be taken out as the merger looks like it will not go through). What a disaster. "Our first quarter was softer than we had planned due to issues that have been identified and corrected," said Stephen J. Fanning, Chairman. Heard that the fix isn't that good and not to see much growth. This was from a horrible managment call on reducing the commissons for the account reps and having them compete against the capital reps with some of their products. A complete disaster that was vocalized internally but not responded to and hence the disaster results. Someone other than Fanning should be taking the fall for this as the management team is too thin to not know what was going on and attempt to stop this. Other than the fact that the mgmt team is entirely too inexperienced and probably too afraid to state the obvious pending disaster. Customers are wising up to the fact that Liposonix is too painful and coolsculpting is much easier, less painful and gets better results and end users are getting zero support in increasing sales from Solta. what a shame.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
Solta Medical
>
Solta receives FDA clearance - LipoSonix
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
Solta Medical
>
Solta receives FDA clearance - LipoSonix
>