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ZELTIQ Aesthetics, Inc. Message Board

  • dmbbestman dmbbestman Feb 26, 2014 4:19 AM Flag

    WOW! very powerful comments from PATRICK WILLIAMS CFO to Chris Hammond from Goldman Sachs

    A MUST READ IMHO
    Hey, Chris, this is Patrick. I just wanted to kind of come back to the cash number and I am glad you had that question, but remember in 2013, we started our guidance off saying that we were going to burn $20 million in 2013 and throughout the year we lowered that number as revenue continue to come in and we ended up burning about $ 2.6 million in total for 2013. So I am just going to come back to my prepared comments once again is that the way we are structuring our organization is to have the infrastructure in place in order to support a higher revenue number. And as that revenue number comes then, we will be able to translate effectively very well. The cash from projection that we have given for '14 are based of that $134 million to $ 137 million revenue range.

    CHRIS HAMMOND - Goldman Sachs
    That's great, that's great. Thanks a lot guys and congrats on a great 2013.

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