7-25-12-Cynosure Inc. (NASDAQ:CYNO) stock gets a boost after posting higher than expected earnings for the second quarter on Tuesday. The company reported a profit of $0.20, beating analysts’ expectations by 11 cents and its earnings from a year ago, which was a loss of $0.10 per share. Revenue also rose by 50% to $39.6 million. Analysts were only expecting revenues to be $36 million. Cynosure reported that revenue from laser treatment in the North American markets almost doubled from a year ago. The company’s stock gained $2.34 yesterday to close at $23.86 on the highest volume of the year. It’s shares will most likely have even more growth in the coming session. For more coverage and analysis of the business world follow us on twitter @FNNOnline.
