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Technology Stocks : Growth Investing
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From: JakeStraw1/11/2017 10:42:09 AM
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ZELTIQ Reports Preliminary Fourth Quarter and Full Year 2016 Revenue and Provides 2017 Guidance
finance.yahoo.com

Fourth quarter revenue of approximately $104.5 million, up ~34% year-over-year and representing the highest revenue quarter in company history

Full year 2016 revenue of approximately $354 million, up ~38% year-over-year
Company reiterates confidence in full year 2016 profitability guidance

Record number of new account openings in North America, coupled with significant growth in International consumables utilization and revenue

Successful launch of CoolAdvantage Plus applicator, with North American account penetration of over 40%
2017 plans include increase in direct-to-consumer (DTC) campaign, full market launch of CoolAdvantage

Petite applicator, and initial introduction of a cellulite product

2017 guidance of $415 to $425 million in revenue, representing 17% to 20% growth, along with scaling profitability margins
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