FleetCor Technologies Strong Performance In Q3, Raises 2013 Guidance
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FleetCor Technologies, Inc. (NYSE:FLT)
FLT reported another quarter of strong results, which include adjusted net income per diluted share growth of 30%.
For the third quarter 2013, FLT posted total revenues of $225.2 million, an increase of 20% compared to $186.9 million in the same period the prior year, and net income of $78.6 million or $0.93 per diluted share, compared to $59.6 million or $0.69 per diluted share for the third quarter 2012.
Given the strong performance in the third quarter and recently completed acquisitions, FLT is raising its 2013 full year adjusted net income per share guidance by $0.12 from $3.90 to $4.02 at the midpoint.
FLT stock closed at $107.16 with a volume of 1,600,633 shares on Wednesday's trading session.
FLT is a leading global provider of fuel cards and workforce payment products to businesses. FLT ’s payment programs enable businesses to better control employee spending and provide card-accepting merchants with a commercial customer base that can increase their sales and customer loyalty.
More about FleetCor Technologies, Inc. (NYSE:FLT) at www.fleetcor.com
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ZELTIQ Aesthetics, Inc. (Nasdaq:ZLTQ)
For the third quarter 2013, ZLTQ posted total revenue of $29.5 million, representing an increase of 64% year-over year and 12% sequentially.
Based on its strong third quarter results and year-to-date performance, ZLTQ has increased confidence in its business and has raised its full year revenue guidance to approximately 40% year-over-year growth, up from 20%.
ZLTQ 's first commercial product, the CoolSculpting System, is designed to selectively reduce stubborn fat that may not respond to diet or exercise. ZLTQ developed CoolSculpting to safely, noticeably, and measurably reduce the fat layer.
CoolSculpting is based on the scientific principle that fat cells are more sensitive to cold than the overlying skin and surrounding tissues. It utilizes patented technology of precisely controlled cooling to reduce the temperature of fat cells in the treated area, which is intended to cause fat cell elimination through a natural biological process known as apoptosis.
In the third quarter 2013, 181 systems were shipped, bringing total system installed base to 1,912. ZLTQ posted its second highest system placement quarter to-date and the company's highest system placement quarter, ever, in its North America market.
ZLTQ last trade was at $9.80, with 799,860 shares traded during the day.
ZLTQ is a medical technology company focused on developing and commercializing products utilizing its proprietary controlled-cooling technology platform.
More about ZELTIQ Aesthetics, Inc. (Nasdaq:ZLTQ) at www.coolsculpting.com .
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Crown Equity Holdings Inc. (CRWE)
Looking to deliver value for its stockholders in both the near and long term, CRWE is refocusing its strategic plan for future growth and services with its original online business-to-business (B2B) marketplace platform for manufacturers and small to large businesses on a global basis to sell and acquire various types of merchandise, targeting the multi-billion dollar B2B Industry.
CRWE has updated its membership driven online e-commerce venture business plan. The name of the business will be known as “iB2BGlobal”.
CRWE has been in contact with several high level IT companies in India to help support the project in the United States.
CRWE stock closed at $0.01 with a volume of 23,000 shares traded on Wednesday.
Together with its digital network of websites, CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher. CRWE focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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