Cynosure, Inc. (CYNO) Reports 31% Revenue Growth to $37.1 Million for the Third Quarter of 2012
10/23/2012 10:25:01 AM
WESTFORD, Mass., Oct. 23, 2012 -- /PRNewswire/ -- Cynosure, Inc. (NASDAQ: CYNO) today announced financial results for the three months ended September 30, 2012.
Financial Highlights Third-quarter revenues increased 31% to $37.1 million, compared with $28.3 million for the same period in 2011, reflecting year-over-year revenue gains in North America and international markets. Net income for the three months ended September 30, 2012 increased to $3.4 million, or $0.25 per diluted share, from a net loss of $0.8 million, or $0.06 per share, for the third quarter of 2011, driven by increased revenue and improved operating leverage in the 2012 period.