ZELTIQ Announces Second Quarter 2015 Financial Results

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ZELTIQ Aesthetics (ZLTQ) PT Raised to $43 at Leerink Partners on 'Stellar' Q2

July 31, 2015 8:59 AM EDT

Leerink Partners analyst Richard Newitter reiterated an Outperform rating and boosted his price target on ZELTIQ Aesthetics (NASDAQ: ZLTQ) to $43.00 (from $39.00) following a "stellar" Q2.

Newitter commented, "ZLTQ delivered another high quality beat & raise with systems/consumables better-than-expected increasing our confidence in ZLTQ's growth... More

ZELTIQ Aesthetics (ZLTQ) Tops Q2 EPS by 7c

July 30, 2015 4:11 PM EDT

ZELTIQ Aesthetics (NASDAQ: ZLTQ) reported Q2 EPS of $0.03, $0.07 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $64.4 million versus the consensus estimate of $57.56 million.

ZELTIQ Aesthetics sees FY2015 revenue of $245-247 million, versus prior guidance of $235-238 million.

Mark Foley, President and Chief Executive Officer, said, "The second quarter of 2015 was an exceptionally strong quarter across all areas of our business. We reported over $64 million in revenue, up 37% year-over-year, driven by strong global system placements, an increase in account utilization and the launch of our CoolSmooth Pro... More