Zeltiq Aesthetics (ZLTQ -5.4%), which went public in October, is selling off after reporting Q3...

|By:, SA News Editor

Zeltiq Aesthetics (ZLTQ -5.4%), which went public in October, is selling off after reporting Q3 revenue of $17.7M (+175% Y/Y) and GAAP EPS of -$3.17 (not a typo). The company's installed base of fat-reduction systems rose by 183 units in Q3, to 812, but its gross margin fell 250 bps to 58.9%.