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Stock impact report

Cutera Announces Fourth Quarter and Full-Year 2023 Financial Results Along with 2024 Outlook

Cutera, Inc. (CUTR) 
Last cutera, inc. earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
BRISBANE, Calif.--(BUSINESS WIRE)--Cutera, Inc. (Nasdaq: CUTR) (“Cutera” or the “Company”), a leading provider of aesthetic and dermatology solutions, today reported financial results for the fourth quarter and full-year ended December 31, 2023.Consolidated revenue for the fourth quarter of 2023 of $49.5 millionFull-year 2023 revenue of $212.4 million, ahead of guidance of approximately $205 millionCash and marketable securities of $143.6 million as of December 31, 2023, ahead of guidance of approximately $135 millionCompletion of corporate restructuring program, allowing for both an improved cost structure and better organizational alignmentSuccessful execution of the North American limited commercial release of the enhanced AviClear product and business model offering during the fourth quarter of 2023“Thanks to the hard work of the team, Cutera finished a challenging year with fourth quarter financial performance ahead of our guidance range, and we have also completed the key el Show less Read more
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