Navigation Links
Cynosure Reports Financial Results for the First Quarter of 2011
Date:5/3/2011

WESTFORD, Mass., May 3, 2011 /PRNewswire/ -- Cynosure, Inc. (NASDAQ: CYNO) today announced financial results for the three months ended March 31, 2011.

Revenues for the first quarter of 2011 increased 16 percent to $21.9 million from $18.9 million in the same period of 2010.   Net loss for the first quarter of 2011 was $1.9 million, or $0.15 per basic and diluted share, compared with a net loss of $2.8 million, or $0.22 per basic and diluted share, for the comparable period of 2010.

Gross profit for the three months ended March 31, 2011 was 55.2 percent of total revenues, compared with 57.2 percent for the same period of 2010.  Results for the first quarter of 2011 included a one-time purchase accounting adjustment for the company's acquisition of the assets of Eleme Medical earlier this year.  The purchase accounting adjustment, which related to the write-up of Eleme Medical's finished goods inventory sold during the quarter, had the effect of reducing Cynosure's 2011 first quarter gross profit by approximately 100 basis points.  

Total operating expenses increased 5 percent to $13.9 million, or 64 percent of revenues, in the first quarter of 2011 from $13.3 million, or 71 percent of revenues, for the same period of 2010. Higher operating expenses in the 2011 period reflected higher research and development and sales and marketing costs associated with the company's new cellulite reduction platform, comprised of the new Cellulaze™ Cellulite Laser Workstation and SmoothShapes® XV.

"Laser product revenue increased 17 percent in the first quarter, as our North American direct sales force, European subsidiaries and international distributors all generated strong year-over-year results," said Cynosure President and Chief Executive Officer Michael Davin.  "While we were pleased with our revenue performance, our gross profi
'/>"/>

SOURCE Cynosure, Inc.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6

Related biology technology :

1. Cynosure Launches New Workstation and Technology Innovations at American Academy of Dermatology Annual Meeting
2. Cynosure Announces Presentations at Upcoming Investor Conferences
3. Cynosure Reports Second Quarter 2009 Financial Results
4. Cynosure Reports Third Quarter 2009 Financial Results
5. SCOLR Pharma, Inc. Reports Second Quarter 2008 Financial Results
6. AutoImmune Inc. Reports 2008 Second Quarter Financial Results
7. Par Pharmaceutical Reports Second Quarter 2008 Results
8. ISTA Pharmaceuticals Reports Second Quarter 2008 Financial Results
9. Pharmos Corporation Reports 2008 Second Quarter Results
10. Halozyme Therapeutics Reports 2008 Second Quarter Financial Results
11. MGT Capital Investments Reports Second Quarter 2008 Financial Results and Provides Update on Recent Developments
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/21/2013)... PathoGenetix, Inc., a commercial-stage developer of ... today that it has successfully identified and strain typed ... from the Centers for Disease Control and Prevention (CDC) ... findings are detailed in a poster presented ... Microbiology in Denver on Monday. , The 250 E. ...
(Date:5/20/2013)... Ras Al Khaimah, UAE (PRWEB) May 21, 2013 ... and private equity consultancy specializing in “game-changing” life science ... appointment of Ms. Dalia Dergham to its International Project ... certain to bring even greater multi-cultural depth to Grace ... more projects around the globe. , Ms. Dergham holds ...
(Date:5/20/2013)... , May 20, 2013  (PSHR) Pacific ... naturally based products across a broad range of ... has retained investor relations firm, BlueWater Advisory Group, ... return to trading process, and to direct the ... initiation. Matthew Mills ...
(Date:5/20/2013)... , Md. and BALTIMORE , May ... (BHI), a regional private-public partnership focusing on commercializing ... funding in Central Maryland , ... M.B.A., as the first Entrepreneur-in-Residence (EIR) for BHI ... National Heart, Lung and Blood Institute (NHLBI). ...
Breaking Biology Technology:New Genotyping System Identifies Pathogenic E. coli Outbreak Strains 2New Genotyping System Identifies Pathogenic E. coli Outbreak Strains 3Dalia Dergham Joins Grace Century FZ LLC International Project Team 2Pacific Shore Holdings Retains Investor Relations Firm 2BioHealth Innovation, Inc. Names Ram Aiyar as Entrepreneur-in-Residence to NIH National Heart, Lung and Blood Institute 2BioHealth Innovation, Inc. Names Ram Aiyar as Entrepreneur-in-Residence to NIH National Heart, Lung and Blood Institute 3BioHealth Innovation, Inc. Names Ram Aiyar as Entrepreneur-in-Residence to NIH National Heart, Lung and Blood Institute 4
... Va., March 24, 2011 Health Diagnostic Laboratory, Inc. (HDL, ... announced today an agreement under which HDL, Inc. will offer ...   The BG Medicine Galectin-3 Test was recently ... prognosis of patients with chronic heart failure. Elevated galectin-3 levels ...
... Perceptive Informatics, a leading eClinical solutions provider and ... PRXL ), today announced results of a survey conducted ... eClinical Product Suite." Perceptive polled biopharmaceutical industry ... and IT functions about their views on the important ...
... ORANGE CITY, Iowa, March 23, 2011 Ron Van Beek, ... announced that UterFlush , a nutraceutical uterine infusion product ... for Top New Products for 2011 at the World Ag ... a committee of industry professionals and dairymen review and choose ...
Cached Biology Technology:Health Diagnostic Laboratory, Inc. (HDL, Inc.) Announces Availability of Galectin-3 Testing Service in Partnership With BG Medicine 2Health Diagnostic Laboratory, Inc. (HDL, Inc.) Announces Availability of Galectin-3 Testing Service in Partnership With BG Medicine 3Health Diagnostic Laboratory, Inc. (HDL, Inc.) Announces Availability of Galectin-3 Testing Service in Partnership With BG Medicine 4Perceptive Informatics Survey Results Reveal Biopharmaceutical Industry's View on Most Important eClinical Attributes 2Perceptive Informatics Survey Results Reveal Biopharmaceutical Industry's View on Most Important eClinical Attributes 3Perceptive Informatics Survey Results Reveal Biopharmaceutical Industry's View on Most Important eClinical Attributes 4Perceptive Informatics Survey Results Reveal Biopharmaceutical Industry's View on Most Important eClinical Attributes 5Van Beek Natural Science's UterFlush Earns Top Products of 2011 Honorable Mention at World Ag Expo 2
(Date:5/16/2013)... (Maximizing Access to Research Careers) Program has announced ... (ENDO) 95th Annual Meeting in San Francisco, CA ... to promote the entry of students, postdoctorates and ... the basic science community and to encourage the ... Annual Meeting. , Awards are given to poster/platform ...
(Date:5/16/2013)... the stability of today,s largest ice sheets in Greenland and ... ago, for example when Earth was going through a ... high sea level due to ice sheet collapse at that ... if the world,s largest ice sheets collapsed in the past, ... progressively warming world. , However, a new groundbreaking study ...
(Date:5/16/2013)... BOSTON The endothelium, the cellular layer lining ... just a few hundred nanometers in thickness, this ... stretch and tissue compression to create a unique ... necessary to partition tissues from the body,s circulatory ... when the barrier must be physically breached ...
Breaking Biology News(10 mins):World's biggest ice sheets likely more stable than previously believed 2Endothelium, heal thyself 2Endothelium, heal thyself 3Endothelium, heal thyself 4
... new task managed by the antibody that's the workhorse ... (IgG) helps bring together the phagosomes that corral invading ... the germs. , The research, by Axel Nohturfft at ... and the Massachusetts Institute of Technology, appears this week ...
... School of Medicine have found by targeting the function ... inhibit bone decay while simultaneously stimulating bone formation. This ... other bone diseases. Senior author Yongwon Choi, PhD, professor ... Pennsylvania and colleagues report their findings in the December ...
... of the international Census of Marine Life (CoML), a ... expedition to explore coral reef biodiversity in the largest ... Islands Marine National Monument. Led by the National ... Center, with funding from NOAA's Coral Reef Conservation Program ...
Cached Biology News:A key antibody, IgG, links cells' capture and disposal of germs 2'Best of both worlds' -- Targeting a single gene could inhibit bone decay and stimulate bone growth 2First Biodiversity Census of coral reef ecosystems in the NW Hawaiian Islands 2First Biodiversity Census of coral reef ecosystems in the NW Hawaiian Islands 3
...
...
... The greater incorporation of Br-dUTP results in ... detected using a fluorescein-labeled anti-BrdU antibody. ... the kit to counterstain the total DNA. ... resulting in improved detection than found by ...
Mouse monoclonal antibody raised against a partial recombinant FBXO24. NCBI Entrez Gene ID = FBXO24...
Biology Products: