Cutera, Inc. Announces First Quarter 2020 Financial Results
Cutera, Inc. (CUTR)
Last cutera, inc. earnings: 2/26 04:10 pm
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Source: Business Wire
BRISBANE, Calif.--(BUSINESS WIRE)--Cutera, Inc. (NASDAQ: CUTR) (“Cutera” or the “Company”), a leading provider of laser and other energy-based aesthetic systems for practitioners worldwide, today reported financial results for the first quarter ended March 31, 2020.First Quarter 2020 Financial and Operational HighlightsRevenue was $32.2 million, an 11% decrease from prior-year period on reduced capital equipment sales due to COVID-19 disruption, partially offset bytruSculpt portfolio revenue growth of 11%Recurring revenue growth of 28% andInternational revenue growth of 18%Gross Margin was 44% compared to 48% in the prior-year period, on reduced capital sales volumeNet loss was $12.4 million, or $0.86 per fully diluted share, as compared to a net loss of $8.2 million, or $0.59 per fully diluted share, in the prior-year period.Closed public stock offering on April 21, 2020 resulting in approximately $27 million net proceeds“Our first quarter results reflected strength and momentum
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CUTR
Earnings
- 3/21/24 - Miss
CUTR
Sec Filings
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- 4/4/24 - Form 8-K
- CUTR's page on the SEC website