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Zeltiq Aesthetics (ZLTQ) Stock Jumps on Q2 Revenue Beat, Higher Forecast

NEW YORK (TheStreet) -- Shares of Zeltiq Aesthetics (ZLTQ) were surging 13.64% to $38.50 on heavy trading volume midday Tuesday after the company posted higher-than-anticipated revenue for the 2016 second quarter.

After yesterday's closing bell, the Pleasanton, CA-based medical technology company reported revenue of $89.5 million, above analysts' estimates of $79.7 million.

Zeltiq said it had a net loss of 12 cents per share, while Wall Street was expecting a loss of 5 cents per...