UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 Current Report

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                                October 28, 2004
                                ----------------
                Date of Report (Date of earliest event reported)

                                PhotoMedex, Inc.
                                ----------------
             (Exact name of Registrant as specified in its charter)

         Delaware                      0-11635                   59-2058100
         --------                      -------                   ----------
(State or other jurisdiction   (Commission File Number)      (I.R.S. Employer
     of incorporation)                                       Identification No.)

             147 Keystone Drive, Montgomeryville, Pennsylvania 18936
             -------------------------------------------------------
                    (Address of principal executive offices)
                                   (Zip Code)

                                 (215) 619-3600
                                 --------------
               Registrant's telephone number, including area code

      Check the  appropriate  box below if the Form 8-K  filing is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))



ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

      On October 28, 2004, the Registrant reported its results of operations for
      its third quarter ended September 30, 2004. A copy of the press release
      issued by the Registrant concerning the foregoing results is attached
      hereto as Exhibit 99.1 and is incorporated herein by reference.

      The information set forth under "Item 2.02 Results of Operations and
      Financial Condition", including the accompanying Exhibit 99.1, is being
      furnished in accordance with interim guidance issued by the Securities and
      Exchange Commission in Release No. 33-8216. The information contained
      herein and in the accompanying exhibit shall not be incorporated by
      reference into any filing of the Registrant, whether made before or after
      the date hereof, regardless of any general incorporation language in such
      filing, unless expressly incorporated by specific reference to such
      filing. The information in this report, including the exhibit hereto,
      shall not be deemed to be "filed" for purposes of Section 18 of the
      Securities Exchange Act of 1934, as amended or be otherwise subject to the
      liabilities of that section or Sections 11 and 12 (a) (2) of the
      Securities Act of 1933, as amended.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(C) EXHIBITS.

      99.1  Press Release, dated October 28, 2004.


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                                   Signatures

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                                 PHOTOMEDEX, INC.

Dated: October 28, 2004                          By: /s/Jeffrey F. O'Donnell
                                                     ---------------------------
                                                     Jeffrey F. O'Donnell
                                                     Chief Executive Officer


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                                  EXHIBIT INDEX
                                  -------------

Exhibit Number     Description
- --------------     -----------

   99.1            Press release, dated October 28, 2004, regarding the
                   announcement of the Company's third quarter of 2004
                   earnings.


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