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Stock impact report

Cutera Announces Second Quarter 2022 Financial Results

Cutera, Inc. (CUTR) 
Last cutera, inc. earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
Record second-quarter revenue driven by ongoing momentum in Capital Equipment and Consumable Product segmentsOver one hundred new patients treated during the first quarter of AviClear’s availabilityManagement reiterates full-year revenue guidance despite $15 million of annual foreign exchange headwinds 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 second quarter ended June 30, 2022.Second Quarter 2022 Financial and Operational HighlightsConsolidated revenue of $64.2 million driven by strength in capital equipment and consumable product demand.Over 50 AviClear devices were placed and activated during the first quarter of the product’s limited commercial release.Gross margin of 54.6% in the quarter, compared to 57.7% in the prior-year period.Excluding the 190 basis point impact from the AviClear program and foreign exchange headwinds of app Show less Read more
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