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TRIA Beauty sales and losses 2006-2011
Despite celebrity endorsements and fast-growing sales, the California-based aesthetic laser device developer TRIA Beauty has been unable to stem its losses - which widened to nearly $35 million in 2011. The postponed IPO would have provided much-needed cash with the company facing an interest rate of 9.4% on its $20 million loan. Source: TRIA Beauty via SEC.
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