Cutera: Q2 Earnings Snapshot

BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — Cutera Inc. (CUTR) on Tuesday reported a loss of $31.6 million in its second quarter.

On a per-share basis, the Brisbane, California-based company said it had a loss of $1.59. Losses, adjusted for non-recurring costs and stock option expense, came to 69 cents per share.

The maker of laser skin treatments posted revenue of $61.2 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $65.5 million.

Cutera expects full-year revenue in the range of $220 million to $230 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CUTR at https://www.zacks.com/ap/CUTR

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up