Cynosure Reports Net Income of $6.3 Million on Record Sales of $110.3 Million for the Second Quarter of 2016
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Brean Capital Raises Price Target as Cynosure (CYNO) Delivers Strong 2Q Results
July 27, 2016 10:58 AM EDTBrean Capital reiterated a Buy rating on Cynosure (NASDAQ: CYNO), and raised the price target to $60.00 (from $54.00), following the company's 2Q earnings report. Revenue was $110.3 million vs. consensus of $101.3 million. The growth was driven primarily by product expansion in North America. Non-GAAP EPS came in... More
Northland Capital Markets Raises Price Target on Cynosure (CYNO) to $60 Following 2Q
July 27, 2016 10:41 AM EDTNorthland Capital Markets reiterated an Outperform rating on Cynosure (NASDAQ: CYNO), and raised the price target to $60.00 (from $55.00), following the company's 2Q earnings report. CYNO reported revenues of $110M, coming in ahead of the Street's $102M estimates. EPS of $0.27 was also above estimates.... More
Cynosure (CYNO) PT Raised to $62 at Stifel
July 26, 2016 2:06 PM EDTStifel analyst Jonathan Block reiterated a Buy rating and lifted his price target on Cynosure (NASDAQ: CYNO) to $62.00 (from $57.00) following solid Q2 results. The analyst is looking for margin expansion in 2017.
Block commented, "The quarter was solid with top-line ahead of... More
Cynosure (CYNO) Tops Q2 EPS by 7c
July 26, 2016 8:09 AM EDTCynosure (NASDAQ: CYNO) reported Q2 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $110.3 million versus the consensus estimate of $101.31 million.
For earnings history and earnings-related data on Cynosure (CYNO) click here.
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