Zeltiq Aesthetics, the manufacturers of CoolSculpting had another great quarter as revenue rose to $51.6 million, up 66% compared to last year’s first quarter. Motley Fool, a company devoted to helping people make wise investment choices, mentions that unlike memberships at the gym that spike in January, consultations and treatments for CoolSculpting tend to increase closer to the holidays or bikini season. This time around Zeltiq has a steady revenue throughout Q1 of this year.
Zeltiq shipped over 300 machines during the first quarter and currently has 3,523 CoolSculpting machines out in facilities. Read more on Motley Fool.