BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — Cutera Inc. (CUTR) on Thursday reported a loss of $22.8 million in its first quarter.
The Brisbane, California-based company said it had a loss of $1.14 per share. Losses, adjusted for stock option expense and non-recurring costs, came to $1.02 per share.
The maker of laser skin treatments posted revenue of $38.8 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $37.2 million.
Cutera expects full-year revenue in the range of $160 million to $170 million.
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