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Stock impact report

Cutera Announces Record First Quarter 2022 Revenue Results

Cutera, Inc. (CUTR) 
Last cutera, inc. earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
Delivers 17% revenue growth as reported and 21% on a constant currency basisAviClear™ investments were accelerated in 1Q22 ahead of FDA device clearanceNew ERP system launchedCompany reiterates full-year guidance at current exchange rates 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 first quarter ended March 31, 2022.First Quarter 2022 Financial and Operational HighlightsRevenue was $58.0 million, an increase of 17% from the prior-year period as reported and 21% on a constant currency basis, driven by robust performance across the business, with particular strength in North America;Capital Equipment revenue of $36.5 million increased 29% over the prior-year period as reported and 32% on a constant currency basis;Recurring revenue, defined as the combination of Skincare, Consumable Products, and Service, was $21.5 million, an increase of Show less Read more
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