Tuesday, Cynosure Inc. (CYNO) reported a third-quarter net loss of $1.9 million or $0.15 per share, compared to net income of $3.2 million or $0.25 per share in the same quarter last year.
On average, five analysts polled by Thomson Reuters expected the company to report a loss of $0.16 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter were $17.9 million, down from $38.2 million in the comparable quarter last year. Analysts expected the company to report revenue of $19.29 million for the quarter.
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