Cynosure Inc. (CYNO) reported fourth quarter net income of $0.27 per share Tuesday morning, up from $0.08 per share last year. The consensus estimate was for EPS of $0.23.
Cynosure gapped up Tuesday and climbed in early trade, before settling into a range. The stock ended the day higher by 1.11 at $28.13 on above average volume. Cynosure rose past resistance and set a new high for the year.
For comments and feedback: editorial@rttnews.com