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Zeltiq expects 46% top line growth for 2015

Jan. 12, 2016 10:47 AM ETZELTIQ Aesthetics, Inc. (ZLTQ) StockBy: Douglas W. House, SA News Editor2 Comments
  • On a preliminary basis, Zeltiq (NASDAQ:ZLTQ +4.6%) expects Q4 and full-year 2015 revenues of $78M (+54%) and $255M (+46%), respectively. The Q4 number includes $12M in add-on applicator sales. 385 systems were shipped globally. The company's top line growth has been at least 45% the past three years.
  • Zeltiq's new CoolMini-only system, designed to treat smaller pockets of fat, has just been launched.
  • Earlier today, CEO Mark Foley announced changes in the firm's commercial leadership.Chief Commercial Officer Keith Sullivan will add President, North America and Global Marketing to his title and responsibilities. On February 1, Todd Zavodnick will join the organization as President, International. Previously, he was General Manager, North America for Galderma Labs.

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